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I have a property under contract in Truro, MA that will be positioned as primarily a STR. Cost is $1mm and we are looking to put 25 - 35% down depending on terms. We believe the property will gross $90k/year in peak s...
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We have group of few investors wanting to expand our portfolio into owning mom & pop apartment complex that will allow us to secure the property using non-recourse loan.... we do not want to go into syndication bu...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $302,000
Cash invested: $30,000
3 bd 1.5 bath mirrored duplex. Mid-century brick with two garages.
What...
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I began my journey in 2019 and started to aggressively search for properties to either hold, wholesale, quick flip.When covid started, I didn't let it faze me but had to take on other work and got distracted. But I'm...
I am considering providing the 25% downpayment for a deal that I will own 50-50 with a partner. Lets say that purchase cost is $100k. I will provide $25k and the bank will finance $75k. Can I record the title so that ...
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Hello BP!I am currently looking for an FHA approved contractor in Kansas City. Can you recommend someone?
Hi Biggerpockets, this is my first time posting (John Smith is not my real name btw). Anyways, I have been reading and visiting this site for quite some time, and I want to get your thoughts on what you would do if y...
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So after much reading, I finally decided to take a shot at my first real estate investment; thanks in no small measure to all the wonderful information here at BiggerPockets. So here are the details:Closed 5/11/17 Fin...
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(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
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Hi there!
Here's the breakdown of my experience with getting a HELOC on my primary from Lower.com. They drew me in with their offer of being able to pull out as much as 95% of my primary property's value in a HELOC. ...