Hello all BP friends,I am a newer investor and currently own a duplex and self manage. The situation below is in Westland, Michigan area.I have a possible deal with a friend that is wanting to buy her first house, how...
I’ve been learning how to quickly evaluate real estate investment properties and determine potential deals. I wanted to provide a sample property that I have evaluated and was wondering if there was any insight as to ...
Hello,Im in the process of purchasing a small multi family in Los Angeles, CA. I’m expecting to receive an inspection report later tonight but based on my conversation with the inspector there are a few concerns inclu...
Hi. I found a property on Craigslist (seller has no agent) that I am interested in making on offer on. This is my first property offer on investment property (sort of). This is an existing rental with a current ten...
Do others think it is time for a new model for buy side real estate agents? On my last deal I saved $18,480 by paying my agent a flat fee and receiving the rest in the form of a rebate. It seems like buy side agents s...
I own several large portfolios of single family homes (100+ properties each) and quite a few mobile home parks as well. What is the best way to benefit from the massive amount of small business loans that are about...
I’m looking at a two-unit property that needs substantial work, but the price is almost there. The sellers are only accepting cash and 203k offers. I don’t have enough cash on hand for the whole thing, hence these que...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Easton.
Purchase price: $84,000
Cash invested: $150,000
The property is a 1,568 sq ft. detached duplex, built in 1900. It ...
I would like to hear from the experts on this one; here is my story. In January of this year I closed on a house with a buy and hold strategy. I did an HML and then into a conventional loan, I rented the house an...
I put in an all-cash offer last night, intending to refinance next month with a lender that has DSCR-financed 4 other loans of mine. Just found out today that the lender requires condo buildings to be at least 50% ow...