Last year I bought my first multi-family (4-Unit) with an FHA loan only putting down 3.5%. I am looking to buy my 2nd Multi-Family but the lenders want me to put down 25% and on purchase prices around $200,000 thats $...
This might be a dumb question but.... I am looking at a multi-family in my area. I was told by a mortgage broker that the certain city I am looking in a is a "depreciating market". Is it not wise to buy here or is...
I have been up all night, researching. Successful people, tips, college options. Everyone has an opinion, but I can't be confident in making a decision without speaking to someone personally. I can't remember the exac...
Full disclosure: Newbie here.After going through many tremendously helpful podcasts, articles and forum discussions, I have decided to get in action. At starting out, what struck me is that it is almost impossible to ...
A bit of personal background. I am currently residing in southern NJ, just over the bridge of Philadelphia. I work a typical 9-5 corporate job. I am very new to real estate, just a couple of month. My rental apartment...
Good morning, Milwaukee/West Allis!
I have just started looking through MLS and find multi family properties to analyze. I believe I am the definition of newbie. The great thing is I am not alone! I have two partners ...
Hello Fellow BP'rs,I wanted to throw this topic out into the crowd and see how it surfs.I've been thinking of reasons why people get excited about investing in real estate, but get stuck in analysis paralysis and neve...
Is 6% return good after taking everything into concern ( pm, capx, vac etc). Should i shoot for higher return or not?
Hello BP Members, I have a question about the refi part of the "BRRR Method." I am having trouble understanding if I should do a residential or commercial refi. I am buying the property under an LLC. I spoke with a br...
I currently own 4 SFH’s which are all cash flowing nicely and all bought with cash saved up and 20% down. No rehab just ready to rent. I was happy with my slow and steady approach until I heard about the BRRRR method ...