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I have happened upon what seems like a nice opportunity with 6 doors. As a Realtor, I can typically find comparable sales, but in this case I can't find any.I chatted with an appraiser friend who said because it is 6...
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Hello BP,I am a new investor who is looking to purchase my first investment quad in a few months. I learned from books and other sources that it is actually better to get mortgage loans from private banks and credit ...
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RENTS Unit 13 tenants ($715, $725, $725)$2,165Unit 22 tenants ($775, $775)$1,550Unit 31 tenant (since 2010)$1,475Unit 41 tenant$2,000Monthly TOTAL$7,190Annual TOTAL$86,280P & L (Pro Forma) Note: Cash vs. Accrua...
I have had a 30 yr mortgage on a rental condo since March 2018. Here are some details before I continue: Original Principal: 84KRemaining principal: 62K Interest: 5.25%Monthly payment: $722 + whatever extra I pay on t...
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I have substantial equity in my two rental properties and very little equity in the property that I reside in.
I'm looking to borrow against the equity in my investment properties but don't seem to be able to find pe...
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Anyone here live in Minneapolis/St. Paul area and invest in Rochester B&H (specifically multifamily)? I'm considering Rochester real estate for my next deal, and I wanted to get experienced investors thoughts on t...
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Hi Everyone!I am looking at putting in an offer for my 1st rental home. It has 2 large units with 4 bedrooms in each unit. It is 85,000, taxes are super low. Rents are $700 in each unit currently. Does anyone have a r...
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I need some advice. I currently have four properties at the Refi step in BRRRR. One I am doing a cash of with conventional lending. The others I have a choice to wait until seasoning or cash out refi now with comme...
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Hello BP Community!! Thank you in advance for your input.
I am an OS investor from CA, nearing the end of the rehab process on my 1st BRRRR property in Indianapolis!! I am currently seeking guidance and strategies o...
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What is the best way to shop around for HELOC's? Do you recommend big banks, small banks, credit union, another option that I'm unaware of?Thanks!