I purchased a condo in August, 2019, which was occupied by a tenant. After the Closing the leasing agreement got forwarded to me and I became the new landlord. Tenant struggled to pay rent on time but still paid rent ...
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Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
I am a "newbie" to the real-estate and sheriff tax deed sales. I've spoke with a few people and have read numerous articles about tax sale investing. I recently purchased two pieces at the last sale, Now my question ...
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What would you say, is the average percentage of Cash on Cash Return to look for in a Multi-Family deal?
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BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
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Looking for some outside opinions on my next move. Currently own 4 SFH and 4 condos. We operate Short and Midterm rentals with strong rent rolls and little vacancy with decent cashflow. Some units bring in $700/month ...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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Hello Everyone at BP.
I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...
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Good Afternoon (sorry this is long but want to give a full picture)I bought my first house here in Denver Feb 2020, my budget wasn't huge so I have a 640sqft (2br1bath) single family with a large yard in a C class (as...
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Ok, So I have been speaking with Private Money Exchange about pulling money out of one of my properties.
Here are the numbers
Loan amount $23,000
Closing Costs $6000 - Taken out at closing
Cash in my hand at Closing...