I am interested in entering the multi family space but the cost of entry seem so much higher than the so how family units that have purchased so far. My covnetional lender will lend up to 70% of purchase price. And ...
Hello Fellow BP'ers!My wife and I have been negotiating with the owner of an 8-unit multi family and 2 SFH's in Missouri. Asking price for all is $299,900. At the moment, my wife and I are in the midst of closing on...
Investing with an experienced real estate operator is one of the most rewarding ways to enter the world of real estate investing. You can rely on the expertise of an experienced real estate professional to carry out t...
Hey lovely people, I would like some advice on how to talk to lenders as a new investor, without having a proven track record.I’m in Canada, looking to invest in small multi-family properties and to use the “brrrr” st...
We're currently under contract to purchase a property for $65k. We're using a conventional loan on it so we're putting down 20%. No issues so far.The appraisal came back at $75k with a few "lender required repairs" ...
Hi BP'ers,I'd like to gain some views and advice on a current situation:Flip twin in desirable neighborhood purchased by auction on 11/11. Purchased $239k (all costs). Target selling price $465k. Target profit $70k. V...
I am 21 years old. I make 32k a year. I have been at the same company for almost 2 years. I have a FICO score of 745. I have 3 credit cards all in good standing. Just leased a car 3 months ago, payment is 238 a month....
Allight then everybody. I have a lead on a deal for a rehab and sell project. I could also rent it out as a second exit strategy. Some of this is hypothetical, and some is based on a property I am researching. I w...
I have a small office building in California and someone offered to lease the property from me for 3 years with an option to purchase. Some questions for anybody with experience with this:-how much above market price ...
I bought several rental properties in 2004-5 before the bidding wars drove prices to the point that it didn't pencil to rent them out. At the time, agents told investors that you would make it back through an almost g...