Hi,I have a triplex under contract with a purchase price of $212.5K and $8500 seller closing cost assistance (he struck the percentage and wrote in that number instead). All repairs have been agreed on (not appraisal ...
Hello everyone. I have been a frequent reader of these forums for a while, and have finally decided to take the plunge and start into real estate investing. My curent financial situation dictates that I start with w...
I'm here as a retired volunteering expert in structural wood destroying pests and organisms. I have not done any investments since dumping everything 3 years ago. Should have put it all in gold then. I have decided to...
What is the best way to get financing for a rental property? I have spoke to many mortgage company’s who want at least 25% down and points. They also have a minimum mortgage of $200,000. In this case I would need to f...
I am looking into purchasing a two-family multi property as a primary residence in NJ. The home was purchased in 2018 for $345,000 from an auction. The first unit was renovated, new kitchen and bathroom, floors were s...
I’m currently 18 years old and I’m going to be getting my first house hack less than a year from now. I live in Colorado and going to be renting by the room and was just wanting to talk to others who live in Colorado ...
Just curious who out there has raised their rents lately with COVID somewhat becoming normal. I'm looking at bumping up my rents by $25 for the fall increased property taxes. I'd have to raise them for November base...
I find this Property in Brooklyn, capping at 6.5% Purchase price is $1.5 Mil. has 8 Units.When I look at the Numbers Rents are almost 50% below the Market Value, sounded Like a Value add. During diligence turned out i...
Hello, Is it a good deal to buy a property off of Auction.com? I've registered for the site and noticed some properties that were bank-owned/foreclosured homes have already pasted their start date with a start va...
Greetings BP folks. I have a property with 3 tenants on the lease. Only 2 are renewing. How would you suggest I handle the security deposit for the 1 tenant that is leaving? Would it be too simple to just refund 1/3 o...