Hi, I am looking to purchase a cashflowing 2-4 unit duplex/quadplex that needs some renovation that will be owner occupied possibly using a FHA 203k loan. Does anyone know any agents, contractors and/or experts that h...
Looking for help or to be pointed in the right direction. My brother, my wife and myself want to purchase a multi family in the next year or so. I have decent credit, my brother has great credit and my wife has terrib...
I was having a discussion with some other investors and we were discussing partnerships. In your experience in partnerships, do banks consider them stronger than a sole proprietor? I would love BP thoughts on this.
I am looking to buy a single family home for a buy and hold rental property 50/50 with another couple. For the rest of my real estate I'm in LLCs but for this one we want to get a personal loan, together, so this is n...
Hi all,Have a rental under contract where my parents bought out a partner long ago before the property became a rental for a 50% interest. I have claimed income, expenses, and held all loans 100% on tax returns since ...
Hi everyone! My name is Jack and I am a young investor hoping to get more knowledgeable about Real Estate Investing! I would like to own a property within the next 5 years and am building up my capital mainly through ...
BP, What do you think?Total Number of Units 4Purchase Price $80,000Initial Cash Invested $36,600Income Analysis Monthly AnnualNet Operating Income $1,250 $15,006Cash Flow $928 $11,141Financial MetricsCap Rate (Purchas...
Thank you to anyone who looks at this deal!Purchase Price: $600kUnits: 8 (2 quadplexes next to each other)Current Rental Income: $6,915Current Expenses - TOTAL $2,365.17Taxes: $232.50Insurance: $200Gas & Electric ...
BLUF: I have a couple of properties with equity to juggle and I'm not sure of the approach to best set me up for my next REI. Hi all. I'm looking for folks who would like to share their experiences with this problem s...
Hi BP!I'm looking at 2 4plex units that are right next door to each other.Is there any way combine them onto one lot and turn it into an 8 unit multifamily unit?