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Here is a question for all you English majors out there. What is the proper spelling for multi-family? I have seen it 3 different ways (multifamily, multi-family, and multi family). I personally use the one with the h...
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After reading long enough on BP, we decided to start a DM campaign to absentee owners. We've received a few calls. Two of them are intriguing.1) Seller is upside down in the property but seems to be well capitalized...
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I'm meeting with the seller and not sure how to negotiate this deal. The type of renter these houses will generate will be lower end renters. The houses aren't in the best neighborhood and the seller makes only th...
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Hello Landlords and Property Managers of BP,I have been working on a research project for a while to look at how common and alternative screening methods predict different aspects of what I'm calling Tenant Performanc...
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Hi Everyone, I am new to BP and am interested in purchasing a duplex or multi-family building for investment in the Bay Area using my VA loan benefits. I am trying to get more information about how to use the benefits...
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I'm looking at a property in foreclosure, or pre-foreclosure. The "law day" is set for January 31. (I'm in CT.) The property is upside down with the debt exceeding the FMV by about $48k. It will need somewhere in the ...
Good evening BP, This is my 1st time posting and am trying to get a feel for what my strategy should be to get into REI. So my situation right now is that I have a VA loan on my house that I've lived in now for 14 mo...
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I was trying to do the Brrr strategy with purchasing my first property. I bought for 60k with an HML, it was already rehabbed, so we just repaired plumbing and a few holes in the walls, now, we are trying to refinance...
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Hi everyone,I've been recently growing my knowledge on the BRRRR method and am quite intrigued -- I'd actually entered escrow on a deal before researching it more...but wanted to get your thoughts on plumbing and whet...
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I am just starting out in analyzing and trying to get a lay of the land in REI. I am interested in the BRRRR method, but I do not have much of an idea on Rehab costs. I am not planning on buying anything yet, so I j...