Below is the proforma given to me by the broker for a 22unit in Sumner Washington:My calculations - I need to pay 2.4mil + 200k for rehab rolled into the loan to make this syndicated deal work. What is everyone's thou...
Is there any risk with the current administration on housing welfare.I have a rental unit that is profiting from section 8 as it pays higher in a poorer neighborhood. It was a good deal, so this unit can still profit...
Hi,So I'm getting started renting out rooms. I'm thinking to make one an Airbnb and the other a long term rental. In either case, I think it might be a nice amenity for a guest to have a lock on their door to "feel sa...
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Hi BP, I did a BRRRR analysis on a property. Looking to get some insight from the community. The numbers look good to me. Cashflow is there, and equity looks solid. It would be a cash purchase. Let me kno...
Hey there, I am new to the forums and RE Investing. I have not done a deal yet, but have been researching and analyzing deals for well over 3 years now. Like many of you, I have listened to every BiggerPockets podcast...
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $196,080
Cash invested: $39,216
Expanded our CT reach. Seller needed more room to breathe so I negotiated a...
So I applied for a HELOC and the lender did a hybrid appraisal. I guess using market data plus outside photos to gauge the appropriate value of my house. When I got the appraisal back I noticed a few things that wer...
I am just beginning my journey in real estate and am looking to buy a fourplex and live in one unit. I see in Mountain View there are many 4-plexes for sale in the $350k range. Plenty of them look updated with new cab...
HelloIs anyone here who is investing in Sacramento area or near Folsom area ? Account Closed I am back to CA but big thanks to you for giving me those tips on investment and I did couple of investment out of state act...
Hello all, I am in the process of purchasing my first multifamily unit which consists of 8 2 bedroom apartments, in which are already rented out. The property is listed for 640,000 which is a bit overpriced so I offer...