Hello All,I may be selling a triplex in a few months that has an FHA loan attached to it. Note this FHA loan was originated before the June 2013 change that makes PMI last the life of the loan. Instead, since it was...
For a commercial medical building:BasicsBuilding Purchase Price: $4,000,000Building Appraisal: $4,300,000Estimated Deal Term: 10 yearsSenior Debt: 3 millionEquity Raise: $1,000,000Acquisition Costs: $85,000MP Contribu...
Hello everyone, my name is Jolu Talampas from littletown Minot, in the great northern plains of North Dakota. I currently have an ailing mother and grandmother who I need to be financially responsible for. In addition...
I currently have $320,000 in liquidity and have been looking for my first investment/income property for quite some time now, however the fact that I live in Orange County doesn't make the process easier. Reason I say...
Hello All,I have an R2 vacant lot in SF. I had considered building on the lot but I only have limited experience in this area and feel selling it and investing that money would be a less risky option. Thoughts:. 103...
BP community, Earlier last week, I closed on my first investment property, a duplex for 330k (25% down, conventional loan for 30 yr @ 4.875%). One unit is currently unoccupoed, and the other unit has tenants until the...
Hey guys!I recently bought a 4-plex of townhomes for $130k. It was grossing about $1750/mo and fit all my criteria, and overall looked like a great deal, so I moved forward with the purchase.My strategy so far has be...
Hi Bigger Pockets Forums, I've been saving up money from my full time job to invest in real estate. As I continue to save and approach an acceptable down payment threshold, I am debating a few things and looking for s...
Hi Everyone,
My husband and I recently bought a house in Seattle, Washington (specifically Ballard neighborhood). We are trying to weigh the pros and cons of doing a short-term rental (STR) or medium-term rental (MT...
Hoping to get some additional direction and ideas...We purchased a house in Bend, Oregon on a large Lot, just under 3/4 acre, in the city. I have a mortgage on the property and looking to divide the lot with hopes to ...