I'm buying homes and small apartment complexes that are in need of serious renovations. I'm looking for a Lic.Contractor to handle the renovations on these projects.Must be familiar/comfortable with larger extensive r...
Hello,I am in my mid-twenties with a full time job that pays pretty well. Right now, I live at home with my parents in Central NJ. They are great and do not charge me rent or anything, so I am able to save and invest ...
I have been trying to BRRRR locally and the prices are very high, so I have been seriously looking out of state. Particularly Cleveland, OH. My question is whats the best way to find comps so you know how much house...
Here is a graphic to show what real estate has done on Hilton Head Island this past year. I have included most of the areas where short term rentals happen. This trend seems to be continuing into 2021. One interest...
Hello BP!Has anyone ever done a jumbo loan (80/10/10) concurrently with a Fannie Mae Homestyle Renovation loan? Is this even possible? I am a first time home buyer saving up for a down payment and thought this would b...
Hi BP!I live in Atlanta, GA and purchased a 1 bedroom condo in Dec 2016 for $328,000 with 20% down and spent somewhere around $30k in renovations. I did not have to pay closing costs since I used commission towards it...
I currently own several rental properties. Single family homes, multifamily and commercial. I looked into some senior living properties previously and using advice from this forum decided against it. I now have the op...
Hello,
First time investor here. I'm looking at a property that I can get for about $38k that the tax assessor has valued at $64k. Very few renovations will be needed to get it into good condition. I'm hoping the ARV...
Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...
So I purchased a 10-unit building in a small suburb near Dayton, OH. Purchased the property for $600k.
$150k down, $450k mortgage.
4 out of 10 units were empty. The remaining 6 units had below market rents.
I purc...