I found a property in a great neighborhood that needs tons of work. I mean at least 75-80k. The seller is acting on behalf of his mother. The property has been vacant and in unlivable condition since at least 2009, ...

Hello BP community! Well, I am exited to possibly have a property worth an offer and am once again turning to the expertise and experience of this wonderful community. I have a 6-plex with 2x3 beds and 4x2 beds in my ...

Hi BP- buying my 3rd multi-unit property.

I’m putting a contract on a 4plex
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...

Hi everyone,
My husband and I have been exploring the idea of expanding our real estate portfolio, which has primarily been in Southern California. We are interested in investing out of state, with the goal of genera...

Hello BP community!
My name is Gregor, I'm in my mid-30s and from Austria/Europe. My interest in US RE was awakened back in 2008 during our road-trip through Florida when my wife and I travelled to the US for the fir...

Has anyone else found multi-family appraisals in your area to be essentially worthless? I know the banks require them but I have found them to be wholly lacking in credibility. We have under contract a 48 unit that...

I've been looking into ways of getting into real estate by doing short sales with banks as my first avenue to get started. I guess I would be considered a "bird dog." This would be to get me started. The whole fore...

Here are 5 lessons I learned from selling my laundromat last year that can help you as a prospective business buyer.

Lesson 1️⃣ - Listing sites can be a legitimate way to buy and sell a business.
I will often he...

I have an accepted offer on a 4-plex apartment and unfortunately my realtor said to put the closing date 39 days out from acceptance since that would be the 1st of the month and it would be easier to prorate everythin...

Hi Everyone!Complete newbie here working on closing my first deal. I’m looking to fix and flip. As I’ve been evaluating deals I’m trying to follow the 70% rule. My question is how strictly I should be doing this in th...