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Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
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I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
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Attending the 3 day Multifamily Mindset seminar. The coaches and speaker are very knowledgeable but, then you get hit up for $40,000.00 for the mentorship program. Is this needed or even worth to get my foot in the do...
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Hi all, I had some tenants move in last month to a 3/2 SFR (I just closed on the property a month prior) and I really like them a lot. Good people. Anyways, the first day in, we realized the hot water heater needed re...
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While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
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Hey guys! Dave Pierce here (active duty military member). My wife and I really want to start actively investing in real estate. I think getting started seems to always be the biggest hurdle for everyone! For us, ...
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My boyfriend and I are looking to purchase 5-10 properties in the next 12 months that will be then rented to Section 8 tenants. If we find good financing, we can purchase the houses in the next few months. This is in ...
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Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
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I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
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So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...