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Hi BP - in a bit of a unique situation and looking for some advice... Short story: looking for creative financing advice for purchasing a condo at auctionLong story: One of my rentals is in a 2 unit condo building. Th...
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Hey,I am currently looking to refinance a few rental properties in NJ owned under an LLC. It seems these kinds of loans have disappeared from the market as soon as Covid created havoc in the markets. This means I cou...
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So I’m very new to the real estate field, about as new as they come. At this point I’m focusing on education and my finances as I work a full time job as a registered nurse (9-530 M-F) and want to be smart about this....
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I have been offered a chance to buy a Condo for 50000. The value is 92000 and it will be 10000 to 12000 to flip it. I have 20000 down and the credit union has no problem giving my LLC the loan. My question is even tho...
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I have been kicking the idea around in my head on buying a larger 10+ unit building and most of the banks have either said they don't finance on larger than 4 family or it would be a 5 to 7-year balloon note that is ...
About 2 years ago I found "The Book on Investing in Real Estate with No (and Low) Money Down" by Brandon Turner (not related) at a local bookstore. I wasn't looking for it, it found me; this happens a lot with me and ...
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Hello everyone!I have built a decent portfolio since acquiring my first rental in December 2013. I now have 13 buildings with 37 units. I have been mostly buying cash properties that need work, fixing them up, and t...
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I sure that everyone is aware of the dramatic increase in wood and particularly wood studs. Currently wooden studs are twice the price of steel and aluminum studs. Can anyone comment on the pros and cons of each of th...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $238,900
Cash invested: $83,503
Contributors:
Mike Ernest
My first quad, and 8th investment ...
Hey BP,I’m new to the RE world, and have had a blast bridging my learning curve over the last year. My girlfriend and I are talking about getting married and then beginning our first real estate investment. For contex...