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I'm looking at a 100% leveraged deal on a 6-plex in a college town. This property should cash flow even (or very close to it) with $0 down and should be an excellent appreciation play. I'm putting 10% down through a ...
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Hey bigger pockets community!So about 2 years ago me and some friends invested in this property in Wilmington nc. It's a condo off of S kerr ave. Our criteria was 150+$/m in cash flow, accounting for 8% vacancy and 8%...
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Hello, I need help researching/analyzing locations in the midwest for my first investment property. I've narrowed my search to the following areas for affordable entry points and growth mostly. Some things I discovere...
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A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
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Fannie Mae 10% down loans for second homes/STR properties are not going away April 1st just in case you heard something different.
A pic of my lake house that I used a 10% down Fannie loan to buy for emphasis.
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As I'm looking at properties to turn into an AirBnB and running numbers using AirDNA, it seems like the market is still pretty strong down here. How have your properties been performing? In general, are the numbers pr...
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Hi,
I recently purchased a 5 unit multi-family home in Massachusetts that is heated by one, very outdated, boiler. To separate utilities, I had the option to go electric (costly for tenants), put in 5 furnaces, use a...
My rent in LA is currently $1600 a month for the master in a 2bedroom, but I'm sick of renting, interest rates are low, and I desire additional opportunities for passive income so I am looking to buy a property to own...
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Hey BP,Anyone on here a real estate syndicate? Or operate a small syndicate type investment company? I am looking to learn more about this niche particularly target commercial size MF deals?Thanks in advance! John
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Hello!My wife and I have literally zero experience, but have recently looked into real estate. We're already on the path of reigning in our spending, started paying down student loans, generally getting out of debt, a...