Mike Schorah
Do people only use seller financing when it’s a buyer’s market?
I’d like to approach landlords to see if they want to sell me their property in exchange for a $10000 down payment, $5000 of which is used for closing costs, and $5000 of which is paid for with seller credits. This wo...
Steven M Herrick
Is my BRRRR ARV too high?
Hi, new investor here analyzing deals to find my first BRRRR opportunity.
I've found a property in RI that meets all the criteria I like to see... multifamily in need of rehab, some work already started, good locatio...
Luke Eckert
New Investor Plan Minnesota
Hey all! I'm just starting out located in the twin cities area (MN). I closed on my two bed one bath condo in April of this year and didn't stumble across BP until shortly after. I really like the idea of building a m...
John Lee
Need Advice: Should I Sell or Rent Out My Primary Residence?
Hi all. First time caller. Long time lurker.
Could really use some advice. I’m absolutely torn as to what to do here. I live in Fairfax County (Virginia), in a nice area – about 30 minutes from Washington DC. My hom...
JC Chavez
Finding comparables on multifamily properties
GOAL: I am looking to purchase a 10-20 unit apartment complex and trying to establish market value using multiple methods. I understand there are multiple ways to estimate fair market value of a multifamily asset, but...
Ben D.
Inherited tenants that don't meet screening criteria
I recently bought a duplex in Milwaukee, WI, which came with long-term tenants (6+ years in each unit). Upon further qualifying them (I goofed and was not aware of estoppal agreements at that time), I have discovered ...
Tracy Munger
Need some advice on a potential multifamily property
We put an offer in on a 4 plex that is currently being used as a by the week rental (mostly). The numbers the owners gave us for current rent prices and utilities is based off of that model. The price of the property ...
Brittany Vigneault
Private Lenders Keep Reaching Out To Me, Are They Legit?
How do you know who is legit and who isn't?And if it is a scam, what are they gaining? I've probably had at least ten private lending companies reach out to me through LinkedIn and I never know if it's real or not...U...
Brett Lee
Should I refinance??
I have a duplex that is currently on a 30 year loan at a rate of 4.875%. I currently owe $129,600 on it and my monthly payment is $1200. I have 18.7 years remaining left on this loan.
I have been shopping rates a...
Kurt F.
Next move for a small-time investor?
Greetings.I've owned and rented out a duplex for a few years, and am currently finishing up some rehabbing on the now-vacant side. Other side still rented, and the rent from one side pay PITI. Likely ARV no less tha...