I have an opportunity to obtain an 8 unit building where the owner is willing to finance. The building is currently 100% occupied. Here are the numbers:

Purchase Price: 249,900 financed @7% I/O for 30yr term
Gross...

Hi, I have been looking for my first rental property in the city of Chicago. (I own my primary residence, condo in Chicago).  This is my first posting on bigger pockets but I have been listening to the podcasts.  I am...

I read a lot of misconceptions about  buying in Hawaii, so I figured I'd clear up some of the basic Stuff:1. I Can't buy land there its only for Hawaiians. False- anyone can buy land in Hawaii just like any other US s...

What is the minimum building size and/or lot size for a new apartment building?I am analyzing a potential deal now.  It is an old farm house and various outbuildings on 1.4 acres, but it's riverfront views and in-town...

Hello all,I am currently looking at my first deal and wanted to throw the numbers out there to make sure I'm in the ballpark.   It is a duplex, electric is separate but water and gas are not.Purchase price: 71,000Annu...

Hey Guys! I have verbally accepted an offer on a unique house. It is technically a single family home but built in a unique way to where 3 sections of the house have there own exterior entrance, kitchen, private bathr...

Has anyone used a HELOC on their primary residence to finance their first biggish deal? I found a decent deal that works with a 20-25% down but when I factor in paying back even the minimum on the HELOC (1% of outstan...

In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...

Hey all! It would be awesome to get your feedback on this deal. I have the opportunity to buy a 4 unit mixed use building. Please see details below:4 Unit with 2 commercial/2 apartmentsAge: 115 year (well maintained)N...

All,
I'm considering an exciting opportunity to buy 3-acre lot adjacent to a K-8 school. This lot is unique because there are no other neighborhoods within walking distance, except for this one. The asking price is $...