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Hello BP!Looking at buying a 6-unit apartment and I'm guestimating expenses. If I get what's standard for a commercial property insurance, how much can I expect a year for insurance?
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am looking to purchase my first property, I have yet to obtain the property- however I am interested in buying and flipping. I am currently deciding how to fund the property. My husband and I have 49,000 from personal...
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I am looking into a SFH in Tacoma, WA and I was wondering, what utilities do people pay for? My sister who invests in the Denver, CO area pays for water because she says that for her, the utility company can put a li...
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I haven't had any experience with program tenants in NYC yet but I am considering purchasing a building that has program tenants in it. So I started doing some homework to learn the programs.One part that I haven't be...
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I’m looking to purchase my second long term rental and I’m wanting to know if 20% down would be possible with an investment property as I’ve been told 25% is minimum.
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Are the going/common down payment minimum for duplex's (20%) tri/quadplex (25%)?Investment property (not primary residence)
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We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current S...
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Note: I'm self educating on Commercial Real Estate deal analysis, so pardon the elementary question(s) (I'm sure there will be more!) But I want to be sure I'm understanding even the basics of this correctly. I'm usin...
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I’m thinking about buying a property with a friend of multiple units at least 6 units down in Florida. Don’t know exactly where yet. We’re in the process of saving up money, my credit is at about 640 and so is his but...
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Here is a strategy that I am looking at:Rehab and resell homes plus by and hold.50K to investPurchase 30K houseRehab 20KSell 100KPut away taxes and savings off of house one and bank the profit. Rinse and Repeat...Ever...