Hello, I am purchasing a rental property subject to inspection and appraisal . The purchase price is 81K and the appraisal came out at 90K but the median price sale in the last 6 months was 116K for 14 sales in the l...
Hey, everyone!
We are going to be closing on a duplex at the end of the month (IOWA), and one side of the duplex is below market value. We would like to increase the rent of this unit, but the current tenant has a m...
Our house has been on the market for 3 weeks with no showings, which is beyond frustrating. It's a great family-oriented neighborhood in a fantastic school district, with swim and tennis amenities. The 4 bd/2.5 ba hou...
I had purchased this town home in April 2018, located in Havelock, NC. I previously posted about the purchase on the following forum link: https://www.biggerpockets.com/forums/522/topics/546300-first-investment-proper...
I'm in East Granby, CT and looking to buy my second rental property. I currently have a condo that I am renting out but it wasn't originally purchased with investing in mind. I've heard and read quite a bit about pe...
Hi BP, So as value has been appreciating, I figured I'd consider refinancing my 3-family and taking some cash out to use for other investments. After finding the right lender at a good rate (same as I got in 2017, sur...
Hello BP community!This is my first post and looking for advice. I purchased my first home (3 bd/2.5 bath) a little less than two years ago. I am now getting the feeling it maybe be time for A PCS (military move), and...
Hi guys, I'm redoing a commercial loan for an office building in LA. Last loan just matured we're thinking of staying with the same bankThese are the terms, options and rate:10 year 15 year amortizationNo points or m...
Hey everyone first time Investor in multi family property. I found property with seller financing. Asking 245,900 for the property, I live about an hour away but would prob still use a property manager.
I know a priva...
The reason I'm asking this is my small town actually has a property on loopnet that I know exactly where it's at(maybe 6 minutes from where I live) for $1.9m with 51 units and a 9% cap rate. I haven't ran the numbers ...