I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
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Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....
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Hello!I am a new investor in southern Wisconsin. I was going to start talking to potential buyers through marketing efforts. Now I am afraid to start marketing because I can't go into the properties and view them wit...
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Hi All! Long-time lurker, first-time poster. I've recently sold my home-improvement business in SoCal, and plan on moving my family to the Tampa/St. Pete area in the next 2 years to be closer to the in-laws. I've alwa...
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Hi everyone,
I'm based out of CA and have been considering investing in a Four Corner resort area turn-key STR. I've done a lot of reading and want to make sure I have all my facts lined up before I pitch this idea ...
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Hi BP, my wife and I are local investors in the Lafayette, IN and looking to connect with others in the area. I look forward to hearing from you!Ryan
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Hi everyone,A good friend of mine and I will be partnering for a new real estate investment venture. We're looking at STR's, LTR's and multifamily homes, predominantly in the midwest. Few questions for the veterans ...
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Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...