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Can someone please explain this is laymen's terms? This is on an MLS listing for a duplex. The price is 96,000. Thanks,Terry
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Hello,I’m a long time listener of the podcast but a first time poster here. I’m located in Philadelphia, Pennsylvania and I’ve been wanting to get into the real estate game and specifically multi unit rental propertie...
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Hello! I recently bought a 3bed/1.5 bath in the Chicago area suburbs. I'm planning to rent out one room and airbnb the other. I will need to do some repairs so I'm curious what are some creative ways to finance some o...
Hi everyone,
I’m planning on buying my first property with a legal suite. I’ve been looking for the last 4 months and I think I finally found one that I’m interested in, it’s a duplex (only buying one side) in a newl...
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I possess 1/3rd of a 40 unit 4 level building in the U-District of Seattle. The building was built in the 60s and was last renovated in the 80s. The interior is old and the entire building could use a complete renovat...
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Hey BP Peeps,I'm working on finding my first deal and wanted to share this with y'all to hopefully get some feedback.I've identified a property who's owners are selling a home here in San Luis Obispo, CA to settle an ...
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Hello BiggerPoeckets, my name is Luis Castellanos from Chicago, IL and I’m new to BP. In 2014, while transitioning from the military, I decided it was a great idea (without any knowledge and/or experience in real esta...
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Seeking advice on commercial financing.
I am preparing to get commercial financing for a small multifamily purchase. It will be commercial above 4 units and 300-400k range.
I am a residential lender so am intimatel...
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Hi Everyone,
I'm looking at 2 possible deals, and I'm only going to be able to swing one of them at this time. Planning buy and hold. Question is, which one sounds better:
Deal 1:
Bank-owned, 8 units, asking 250K,...
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I am a buy and hold residential real estate investor near Vail, CO. I've bought 4 places in 2.5 years valued at over a 1,000,000 and it looks like I wont be getting traditional financing from my lenders any time soon....