Arturo Perez
Hi biggerpockets! New member here. I could use some advice
Hi there. I am a new investor looking to get into rental units in the Chicagoland area.I need an advice; I am currently renting in Chicago IL. I have a stable job, I could be re-assigned out of state in the next coupl...
Andrew James
Help deciding on financing first flip - three ideas
I am considering 3 options to finance my first deal below. I would appreciate any and all ideas/feedback from this excellent forum. Thank you.First some specifics on the deal: This is my first deal. Long on resear...
Jingjing Ye
Out of state MF investment - Pick a market
Hi, I am an investor based out of northern VA. I have a few SF houses and looking to expand to small MF (10-20 units). Northern VA is very expensive and so I am looking for other states to invest. I really like Dallas...
Mary Daugherty
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.
Matt Kelty
Starting up as a new investor... multiple small SFH vs 1 large?
First I’d like to say hello and thanks for letting me play. This is my first post and I’m excited to finally get active and be a part of the community. After a good amount of studying and trying to lear, my wife and I...
Benjamin Blackburn
Are there guidelines to choosing Lenders, Bankers or Mortgage Brokers?
Hello BP,I'm wondering if there are any guidelines to go by when choosing the lender? Are there certain questions I should be asking? Obvious red flags? What am I looking for?I've been looking into FHA loans since ...
Bryce Renicker
Terminated contract due to inspection report
Hey BP community,Just looking for a little insight / encouragement after my first deal fell through. Im in Chicago, looking to purchase a 2 flat in the Pilsen area. I had a 2 flat under contract at 360K with a 3.5% do...
Jason Merchey
Cap Rate Compression Big Time??
I received an investor summary from a very reputable, perhaps "slightly conservative" operator in the MF space. In this offering, the "average annual return" is 10%. They don't calc IRRs, but frankly, with a 1.7x equi...
Paul Dashevsky
ADU & Garage Conversion in Los Angeles - for investors
I just wrote a blog about the financial metrics/returns of building ADUs in Los Angeles & Southern California...thought I would share some of my findings:
The cost of an ADU will depend on a few factors including...
Kameron L Heiser
Financal advice for a new investor
Hello
I am a new investor and there is a triplex for sale in my area and I do not have the funds to pay for it. I do not think I can pass this one up and I am curious about hard money and what I can do to make this ...