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Hello BP, my first post. I have a dilemma where the lender is asking for a 25% down because it’s a multi family unit I’m trying to purchase. My cash on cash ROI number is getting destroyed. My big concern is getting t...
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Hi All! I'm looking for some advice on valuing and negotiating a purchase of a 9 unit motel in South Florida. My father and I are speaking with a seller on purchasing a 9 unit building. We've just found out that the s...
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Hello everyone, I recently moved out of an apartment in the lynnwood area and got hosed by the landlord on the way out. I put in my 20 day notice on the 11th of may month saying I would be out by the 31st of May. I ca...
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But my realtor says it shouldn't be a problem? I've been looking at my first few houses in the Syracuse market and this foundation seems bad. Any thoughts?
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For the past 3 years I'll be living in my decreased grandparents house paying the mortgage. This past May, I became the personal rep of their estate which allow me to put the deed in my name. There's $46K still owned ...
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I'm looking for advice on what I should focus on for my first real estate deal. Should we go with a SFH, multi 4 or less or the 5 or more places?
Here's an example of SFH in the area I am looking:
Asking pri...
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Hey guys! I just joined the forum yesterday. My husband and I live in Texas (just north of Houston) and rent my childhood home in Arkansas which I inherited. We're looking to buy more properties to rent to fund our...
Hey everyone, I am hoping to get some advice. I just found a property that I think could be a good deal. They are asking $176 and the comps are around $280. The repairs needed include foundation repair (interior) and ...
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Looking at a property in upstate New York, it's a 3-family building just outside of Albany in a pretty good up-and-coming part of town. The 3 units do need a little love, some new paint, removing carpets, cleaning, dr...
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Is this a good real estate rehab strategy? I am looking for my first rehab. I rehabbed my parents house, but that wasn't to prepare it for resale. It just taught me a lot about rehabbing. My ultimate goal is to rehab ...