Hey guys!Question.I have two three families going well. I'm ready for the third. The problem is the bank wants a chunk of cash. 20% down plus reserve. For my area and what I'm looking for im short around 20kish cash. ...
Hi All!I am finding that all multifamily properties with cash flow go into the negative when I factor in the MIP expense. I was looking to take advantage of the 3.5% down on an owner-occupied FHA loan; however, the MI...
Hi BP community, I want to get more involved in the real estate community on a professional level. I currently have a great job in the medical field (that I want to keep) and have one unit in my portfolio. Are there ...
Hi everyone!
Looking to learn and work with someone who is an expert in unincorporated towns in the U.S. I'm interested in purchasing land in unincorporated territories to be able to build more unique structures that...
Investment Info:
Single-family residence fix & flip investment in Fountain Hills.
Purchase price: $510,000
Cash invested: $60,000
Sale price: $700,000
Fix and Flip. Purchased on MLS. 2 Week ...
We are going to place a blind bid for a foreclosure property in Los Angeles. There was a live auction held Nov 30 and now there is a 45 day overbid window open only to owner occupants and not for profits (no investors...
Hello BP community. I close on a new SFH for my primary residence in less than a month. My current SFH will become a rental. I anticipate it being ready on February 1st. My realtor has another client that will nee...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $550,000
2 flat in McKinley Park with nonconforming basement. Turn key. Coin laundry in basement.
What ...
I finished reading J Scott's and Dave Meyer's new book, Real Estate by the Numbers. J Scott is a great author and the book was super helpful. But, it is desperately missing an index and makes it incredibly difficult t...
Investment Info:
Single-family residence buy & hold investment in Neptune.
Purchase price: $50,000
Cash invested: $30,000
2-bed, 1-bath home, currently renting for $1,461 a month. Was purchased c...