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Hi. I wanted to ask if this is a smart move. I am just starting and I want to own a 4-unit multifamily in Los Angeles, CA. This will be an expensive purchase. I plan to put 50% down to get some positive cash flow on t...
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For the past 6 months I’ve been looking for houses (both SF and MF) that can produce at least a little bit of cashflow with around 20% - 30% down.
However, I’ve started to realize that this is pretty much impossible ...
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My wife and I are looking into a couple of different options to fund our first rental property. Originally we were looking to do a cash out refi on our house to get money for the down payment on the rental of 25%. Ide...
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Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
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Hello BP!
So I decided to make the leap and purchase in North Jersey for a small MF (2-4 units) around Hudson, Essex or possibly Union. I've been using a realtor (finally settled on one that fits my style) and seeing...
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Good afternoon BP,Maybe you all can help me finalize my decision. I am in NJ and because of the market and our high property tax rates here, I think that I can get more bang for my buck and better cash flow by invest...
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Here is my dilemma: as stated in title. Seeking advices.
All of my investments are in Bay Area, the high price region. Mostly SFH, duplexes and one 5 unit. Cash flow covers mortgages payments, but not as good as othe...
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I was just reading another interesting discussion about cash flow vs. appreciation and the Midwest vs. the West coast and I want to make a case for a balanced approach, and I think my backyard - Milwaukee - is a perf...
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Hey Everyone!I am actually taking one of my first real estate classes in college and every weekend we have to read multiple articles and comment on it. After several weeks of reading I found that houses prices are dec...
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I am trying to decide whether or not I should keep a single family home or sell it and am looking for advice. Here is the background story.I bought this house as my first home borrowing the down payment from my parent...