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I’m wondering if some of my offers are TOO low? And perhaps I can increase my chances of finding a good deal. Here are the two ways to analyze this deal..which way is correct?Strategy: Buy and Hold for long termLoca...
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Hello everyone,
I have an apartment building deal that I would like some assistance structuring the 5% downpayment. This multi family property has a great cash flow and it is currently 97% occupied. But, I'l...
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If I want to get a 75% LTV on a 20 unit apartment building, how does the bank determine the "value"? I mean, most buildings are priced according to their income potential which is usually higher than the appraised val...
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First time asking a question on here. I found bigger pockets after I purchased my first SFR to start my buy and hold strategy.
Everything is going great with the property and it makes good money. I paid all c...
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How does this 4-plex deal sound to you guys?2 apts rent for $500/mo1 apt rents for $525/mo1 is currently being renovated & when ready will be renting also for $525/moInsured for $200kProperty Tax $653/yrHazardous ...
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if i were to buy a apartment complex outright for lets say 700k as my first investment. and 2 months down the road only 10% have been vacant at a time and rental income after managment is 11500. how can i do the BRRR ...
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What should my Max offer be on this property??
Should I buy?
So my great aunt is getting up in age and her property is for sale, to me specifically at the moment. I have until the end of 2014 to purchas...
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I own a lakefront resort with 6 rental cabins + the innkeeper's house + boat dock on 10 acres in a popular vacation area. It is in it's 28th year of operation and has about a 62% occupancy rate. On-line brand recogni...
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Hey guys,Question for ya'll to stab at.I bought a four unit in 2013 for $210,000 ($10,000 sat in escrow for repairs) and the rents were at $500. We did the repiars and now the 4 rents are up to $640. (Leases are up in...
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Hey BP community,
I have came across a possible 8-plex for sale, which has a unique history, that I need some advice on.The building has 8 units with 7 of them rented weekly and one rented monthly. This is obviously...