I started my first true flip about 3 weeks ago. Things are going pretty smooth. I am trying to decide if I should truly flip the property of apply the burr strategy. Below are the numbers let me know your thoughts.ARV...
Hi All,I'm Hoping for some clarity and understanding with my current refinance process.The underwriter at the mortgage company I am currently working with for a refinance has requested that the appraiser reduce GLA (G...
Ok here’s a question. I own a four unit building bringing in 2700/ month. My expenses including vacancy/ maintenance are 1700/monthly, so it cash flows $1000 a month. I’ve got a guy offering to by the property for 145...
If anyone could guide me through what options I could take in order to qualify for this property, I'm partnered up with my mom, but because of differences, I am now looking to go solo and I'm afraid of making the wron...
Gooooood morning BP!
I hope everyone had a wonderful long weekend! For today’s post, I wanted to open it up to hear folks stories about the “deal that got away”!
I technically have 2 stories from the first 2 mul...
I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...
I have a wholesaler with a 6 unit. Asking price is 150k. It’s in a good area. They’re efficiency units that rent for $550 each. Each unit needs work, about 50k total.. rents will be more at 650 each after reno. ARV w...
Hi looking at a duplex in Portland near rosemont neighborhood
List: $320,000
Rents:$1200/unit
Tenant pays all utilities, plowing and lawn care
Fully rented
Good condition but in future 5+ years will need a roof
Taxe...
Let's say I want to purchase my first property for 100-120K. In order to secure a loan I'd need to come up with 20-30K. Does it make sense to put down more than the minimum down-payment in order to decrease the P+I an...
As the world becomes more and more digitized, more and more aspects of our lives are being moved onto the blockchain. One such application is tokenizing physical assets using blockchain technology. In this article, I'...