Nathan Ashram
Lease Option Explanation
Hey guys Greeting from NY ... I have a question: I sent an email (on craigslist) regard a house that I saw for rent and offered to lease it for 2 years with option to purchase. The person that post it is an agent. I t...
Juan Alvarez
FHA loan for beginners
Hello,
I am new to the real estate world. After doing some reading, I believe it is best to start off with an FHA loan. My question is on the requirements. I am wanting to finance a duplex, you know do the house hack...
Monica P.
Getting engaged after purchasing primary residence
Hi there, I just closed a week ago on a primary residence that is my first home purchase. It is a 4-unit building and I was planning to live in one of those units (per the mortgage contract, I need to move in within ...
Sarah Camic
Monthly Expense Figures- Maine
Good morning,I am looking for some input from landlords in the central Maine area. In an effort to practice property analysis I need some monthly expense figures. How may units do you have? About how much are you pay...
John Woosley
23 year old Investor from Northwest Indiana
Hello everyone, my name is John Woosley, I’m 23 years old and I’m looking to learn from you guys here at BP.I currently own 4 properties, 3 rentals, and the house my wife and I live in. I owe 80k total and am looking ...
Ryan James
Is this a good deal on an 8-plex? 13.92% CAP
8-plex, All 1BR/1BA units. Tenants pay electric and water (individually metered). 6 Units newly renovated and are rented for $475 each per month. The remaining 2 Units currently being renovated. Seller is asking $240k...
Alexander T Nguyen
Young Investor from Boston, MA
Hello,BiggerPocket Forums!My name is Alex Nguyen and I live in the Boston, MA area (Medford more specifically). I recently graduated from college and just learned about Real Estate investing and the possibility of pas...
Eugene Rogachevsky
Investor Needing Advice On Seller Financing Opportunity
Hello All,This is a question regarding seller financing. The property is located in California. My uncle would like to sell his property and do seller-financing. I would like to purchase this property from him. I have...
Michael Wentzel
5-year balloon/maturity?
I currently own one single-family and one multi-family. Both are conventional 30-year fixed mortgages. I'm now looking at properties at a lower purchase. I'm dealing with a regional bank and the mortgage banker enc...
Lenox Ramsey Jr
Is $5k for an Assigment Fee Too High?
Is $5000 too much to ask for an assignment fee for a duplex if my:
ARV $81,000
Repairs $20,000
Purchase Price $13,500
Closing Cost $8,100
Estimated Profit $39,400 or Estimated Monthly Rent $1100-$1500
Now this do...