Hypothetically...let's say you have 250k cash in the bank and a goal of creating generational wealth with passive income (10k - 15k monthly) within the next 5 years, how would you do it?
I have found a 5 trailer mobile home park in Georgia. Its an hour from where I live. Seller is asking for $199,900. She will not seller finance or owner finance. She told me she is selling because she just bought apar...
Does anyone have any experience with BELOCs?
In November 2021, I purchased a single-story commercial building in a downtown area outside Provo Utah.Attached is the first picture of the front of the building. This building will have 8 apartment units, 5 short-ter...
Hello BP,
I need your advice. I have been calling several banks seeking their bank owned apartment complexes. i have had no success. I am looking for apartment complexes with 50+ units.
Are their any experienced ...
Hello,I'm new on the forum and I'm from Portugal.2 years ago I bought an apartment, where I live now, and I have the opportunity to sell now for a 74k profit.I've always wanted to get into the real estate business, bu...
Hey guys, I am sure this is a naive question-but is getting a loan for an apartment building just as difficult if not more than a home?
I recently talked to someone who told me that on apartment complex loans banks l...
We found a property that has 16 units comprising of 4 units- 2 bedroom apartments, 12 units- 1 bedroom apartments (2nd and 3rd floor); 7 commercial spaces in 1st floor. Currently, 2 commercial units are vacant and th...
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
Can some experienced investors with apartment buildings help me clearly understand the financing aspect of purchasing an apartment building. I am looking to purchase a building with 10-30 units anywhere from $700,000-...