Chris Webb
Insurance FYI for older 5+ unit homes
Hi BP, I wanted to share a situation I was able to overcome this week to prepare you if you are buying an older property (converted 4500 sqft home older than 1900). I had a local insurance company say they could insur...
Mark Jackolski
Airbnb Rutland, Vermont
Hello everyone!
For the past year or so we've been looking to invest in real state. We live in Long Island, NY and were looking at multi-families around the area for a long term rental, but these properties are scarc...
Scott Michael Gross
Multi-unit Appraisal Formula Understanding
Hi BP Community- happy holidays! Was wondering if people could help clarify how to estimate the appraisal value of a multi-unit? I am looking at a 12 unit complex and I understand that it's potential income minus expe...
Anthony Uva
No Doc, Low Doc Mortgage Loans
Hello I've heard that low doc and no doc loans are making a come back. Is anyone using the new version of these type loans? Can anyone recommend a reliable lender that will do these loans at a reasonable interest rate...
Pamela Jackson
abandoned property
I have been very unsuccessful in locating a homeowner of an abandoned property. I have used the people search sites online and none are accurate. Can anyone offer some suggestions on how I can track down this homeowne...
Daniel Mieldazis
Have a guy that wants to sell - extremely motivated - next step?
It's been about a week since I decided I wanted to get into real estate. I have done due diligence on every aspect of wholesaling. I actually have a guy that's very motivated to sell me his house. He sounds almost ...
Shimantika Kumar
Investing strategy and Education for beginners
After several years of working part time as a freelance digital Marketing Consultant, I am considering investing in real estate. I want to learn and get up to speed quickly so I can start making some deals and money. ...
Karma Abdula
Partnered Success in Arlington
Investment Info:
Single-family residence buy & hold investment in New Milford.
Purchase price: $140,000
Cash invested: $55,000
Sale price: $255,000
My business partner and I took on this Arli...
Tim Crosby
Looking for More Information on FHA Requirements
Hello everyone!So for the last few weeks or so, I've been looking at buying my first duplex. The original idea was to house-hack using an FHA loan in addition to a down payment assistance program offered in my area. W...
Matthew Poff
HELP - buying a 12 unit property that needs work
Hello all,
I am in need of some advise from all you multi-family experts out there. I have an opportunity to purchase a 10 unit apartment building and a 2 unit house. The details are:
Purchase Price = $425,000
Rep...