Josh Lang
Help! Closing tomm - got surprised with a much higher disclosure!
I am closing on a rental property tommorow using a conventional mortgage with a local bank in Pittsburgh. (house - hack scenario ... will be living their for a year and then renting out). My decisions and math regardi...
Ethan Kramer
What is the cheapest way to refinance?
I am ready to refinance my first investment property and use the fund to obtain 2 or 3 more properties. I finally came across a lender willing to refinance 75% of my investment property that was appraised at $76,000 b...
Matthew Tanis
Would you go through with this deal?
So I made a mistake with a PA on a duplex that needs rehab and misunderstood how much time I had for due diligence. It needs a moderate to heavy rehab and initial estimate was 35-45k. Actual estimate was higher then w...
Mario Calabretta
Firtst Deal - Using Private Money Question
We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the hous...
Benjamin Papet
Client/Agent relationship and expectations
Hi, BP!I am a beginner investor in the Denver area. I have been working with my agent exclusively for about two years now and I am about to close on my 4th property in a few weeks. She's told me that I was her "best" ...
Patrick Zepeda
Raising rents in an occupied property
Hi all,I am looking at purchasing a quadplex where current rents are $500 - $600 per unit and the market rents are about ~$800 per unit. How do you raise rents to market rates with them still occupying the units? My i...
Josh Helfer
Buy or not help needed - Slumlorded 8-plex opportunity
BP,I'm as green as green can be but incredibly passionate about learning as much and as fast as I can. While going over potential properties my wife and I came across an 8-plex. Building is 100 years old. Stats to fol...
Tony Marcelle
How to deal with sellers like this?
Seller refuse to give asking price but wants offer price first. How do you handle this problem?
Michael Ehmann
Strategies to pay for upfront CAPEX in first 12-18 months?
We are under contract and in the due diligence period for a small multifamily unit in Atlanta. This would be a buy-and-hold play for us. None of us will be living in the property, so I don't think a 203k loan will be ...
Jessica Beganski
Should They Stay or Shold They Go? Selling with Tenants???
Does anyone have advice on selling a multi-family while I have tenants? I have a two-family I want to sell - I'm renegotiating the lease for one floor and they're staying month-to-month (their choice) but the other l...