Currently in the market for about 6 months for a small multi-family 3-4 units, I’m pre-approved, and inventory is low. Since covid my loan officer has informed me that FHA now requires 12 months reserves for a 3-4 uni...
I am proud to announce that I got another client under contract on a 4Plex here in Fairbanks Alaska. They are locked in with a 6% interest rate on a property that we went above asking price on. Currently under contrac...
Hello - who are the best Portfolio Lenders out there or mortgage companies that finance LLC's- Currently, I have 2 SFR rentals and a 4plex. They are all financed with conventional loan. Trying to see what is the bes...
Hello BP forums, I am a new investor (From the Chicagoland Area) looking to buy a house by the end of this year to house hack. Right now I am looking around the Arlington Heights/Des Plaines area since that works best...
Hi BP Community!
I'm actively saving money to get my first deal, and am considering many different strategies... Brrrr, Turnkey investing, Hard money etc. I'm an avid BP podcast listener and I've learned that the le...
Good morning! Here are some data points from the month of August! It has been a busy month for me! While interest rates are high, it’s not stopping people from buying homes. I believe that when rates do drop (whether ...
We all know the inventory in Charleston is scarce. However there does seem to be more opportunity in North Charleston. Curious to know everyone’s thoughts on buying/renting/flipping? Are property values increasing or ...
Hello Everyone, I'm interested in a building with 6 units in Indiana, but I dont have enough money for a 20% down on a conventional. Does the 5% down applies on buildings with more than 4 units as well?
And a second...
Estimated closing costs for a $450K SFR in good location, its in "ok" condition with 17 inspection faults. (There were 10 more but didnt ask seller to fix them, my handyman can do it.)And closing costs are around $180...
Investment Info:
Other other investment.
Purchase price: $30,000
Cash invested: $25,000
Sale price: $375,000
Land purchase, developed with road and water well. No structures added.
Wha...