Quang L.
First commercial loan questions
I did plenty of residential investments and loans with online lenders. But doing first true commercial loan for a retail building (1.5M loan with 75LTV) can be a different experience due to different qualification pro...
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How to get price down? First deal!
Hi, i'm new to REI. I'm ACTUALLY going in on my first deal very shortly. I'll give you guys a quick rundown on the property, then something i'm trying to figre out as well.
The property is a 700sqft bungalow w/ full...
Alexander Wardell
Closed on our FIRST investment property!
As of today, I officially own my first investment property! Back in July my good friend of mine had turned me on to BiggerPockets, and I have been hooked ever since. I immediately began listening to ALL the podcasts, ...
Cliff Mitchell
How to utilize equity from rental?
Hello everybody!! I live in the boom/bust roller coaster environment of the Permian basin and my profession is as an architect. I really like my job and the company I work for and have no plans on leaving, but would...
Christy Winchester
1031-When does it make sense to NOT exchange?
When does it make sense to NOT complete a 1031 exchange?I have acquired a vacation-esque property in an exclusive gated neighborhood. I plan to sell this home. I expect to walk away with 400-500K but my investment st...
Rob Smith
Need help on Duplex purchase
Looking at purchasing a 1996 duplex in a good neighborhood. The person selling the duplex tells me it has a 10% cap rate which I can't confirm. I come up with a 6.9 cap rate. Is this a good buy?? If I go by the 50% r...
Rick L.
Analyze My Deal - crunch numbers to make it work?
Property Description: non-MLS four family property was originally a 7 unit building (approximately 4400 sq ft total between both floors.) that was converted to a 4 unit building. The supposedly owner did a total ...
Tim Key
Resouces to find investment properties?
What resouces do you all use to find an ideal investment property in the regards to flipping residentially?
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You found a property birddog?, Good Boy!
I am a new birddog but i read the birddog 101 article and have it memorized. I found this lot with two almost identical houses next to each other. I think they would be NOT be classified as a rehab but they are kinda ...
St Paul Vital
New and nervous to this...
Hi everyone! I'm an oilfield service hand that has been looking to change careers that would benefit me, but mostly my family in the long term sense. I've been curious about real estate for some time now. Since the...