Hello BP, this is my first post and I have a couple of questions. I have an opportunity to purchase 4 acres with 4 mobile homes that are currently tenant occupied. Total monthly rent is $1,850 and asking price is $160...
Have been doing research and I know actual rent here is higher than the average data that is showing. Have a 5 bedroom house, plus huge bonus room that can be 6th bedroom, with 4 car garage and 3000 sq ft home. We jus...
As many landlords are aware, following Covid, there has been an uptick in "catch up" travel as lockdown restrictions ease. Among other effects, this has led to an increase in RE investors in some markets looking to re...
My scenario for my question is: I purchase a duplex to BRRRR it, have one side occupied/rented and I occupy the other while rehabbing that unit and the exterior. It comes time to cash-out refi and the lender wants to ...
Hi All,
I have found a VA foreclosure in my area that is a great deal. It is a 1000 sf 3/1 with a 1 car detached garage listed for $69,900. The other comps are both 1000 sf, 3/1, and one is the exact same mod...
Hey Guys,I'm relatively new here but have been listening to a lot of the podcasts, as well as reading the articles/forums. Here is a high-level breakdown of the 4-unit property I have been considering:Asking Price: $1...
My tenant of 3 years would like to purchase my home which I have a FHA loan on, he has very little money for a down-payment and last time we ran his credit it was around 590. I am willing to give a full sellers assist...
@Dave Foster wrote a good reply to a different thread... I'm looking for clarity AND more advice30,000 foot overview-I bought a small motel in summer of 2017 for $435,000 ($135k down, $300k mortgage).Invested addition...
Am I able to do a 1031 exchange from a strip mall to multi-family? If yes, am I allowed to be a tenant in the multi-family?Thanks!
I'm new to the real estate field and currently my focus is on wholesaling properties in new jersey (I'm from north jersey). I keep thinking it wouldn't be a bad idea to partner with somebody else whether its a newb...