Can anyone explain this? I have great credit and plenty of cash, so getting the first four are not a problem, then loans 5-10 (even the refi "R" in BRRRR mortgages) I understand to use a portfolio lender (would love s...
Hey everybody, I am currently looking into an investment property and there is a duplex and quadplex right next to each other, the sellers are only selling the two properties as “one.” The duplex is 225,000$ and the q...
Hi all. I found a 3 bed, 1.5 bath property on a B- street that was a former rental ($1300 p/m) and has just undergone about a 90% re-hab. It has no kitchen or bathroom installed, and so is not available for a convent...
Can you please share your success stories on finding good partners? Especially the ones that go into long term "buy&hold" contracts and have to practically "marry" a partner for at least 7 to 10 years!Thank you in...
Hey all:I'm analyzing a rather unusual situation. It is a commercial property with 3 retail stores/offices that are all filled at or near market rates....HOWEVER, there is an apartment above the commercial spaces. I...
Hi everyone, just curious. How long did it take you to get your first deal closed and what was the marketing strategy?
Hello BP Forums,
What are the best metrics when evaluating a potential BRRR?
Background, I bought my first rental in December 2021. It was basically turn key (very small touch ups).
I am interested in trying a BR...
Scheduled to close on a SFH on June 6th. Everything is done, title, survey, financing approval, etc. Just this week title co. is submitting title to county office, really just the last stretch. Sellers are 3 joint he...
Hello all, I am curious to know if anyone recently has been able to finance a 4-plex with an FHA loan. I know the self-sufficiency test makes it extremely challenging but was anyone able to grab a property and if so w...
Investment Info:
Condo buy & hold investment.
Purchase price: $252,500
Cash invested: $10,060
This property is a 3 bed, 2 bath condominium in Centreville, VA. It sits right at the intersection o...