Rashad Jones Jennings
Looking to purchase a Quadraplex. Here are the numbers.
I’m an agent and 1st Time Real Estate investor and I want to run this deal by you all. The quad is in a good area and fully occupied. It brings in $3,150 Monthly in rent. Estimated mortgage payment is $2,400 Monthly. ...
JJ Chojnowski
Commercial Loan on a 26 unit Apartment Complex
Jay Hinrichs, I hope you read this and could give me some advice. I currently own a 4-plex and a duplex in Utah and I'm working to 1031 exchange my properties into a 26 unit apartment complex. In my intial resea...
Austin Davis
News story about notes, can someone break it down for me?
Story coming out of St. Pete , Florida. Looks like its about note investing, or at least touches on the issue. Not 100% sure what happened here.http://www.tampabay.com/news/business/realestate/a...
Jordan Coates
Due Diligence: Things not disclosed
My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property. It's a 3BR/1.5B SFR. There are several issues with the house that are not huge deals (individu...
Ruth Escobar
First time home buyer - KB Homes
I am trying to buy my first home to live in for some time and then rent out in the near future in Houston, TX. I am looking into a 3,348sft KB Home that was built in 2012. It needs minor repairs (carpet changed, dee...
Jonathan Jewell
What would you do? Take a chance or run.
I'll keep this short and sweet. Went to see a MHP this morning, got a call from one of my ads, and OH BOY, I have a story to tell.. Met the owner. The guy is literally getting chopped up from diabetes. Leg was ju...
Danielle D.
How to finance a Multifamily/mixed use with no NOI (empty)?
All,I'm looking at a rundown mixed use 4 unit upper, retail lower. Tenants currently don't pay rent (because no one enforces it - building owner has died). I'd evict, gut it, renovate and rent. Is my only option ha...
Tanveer Ahmed
Is renting out my primary residence make sence?
Hello BP, I have a 3/2(1500 sqft) single-family home in Carrollton, TX(75006). It's actually too big for me since I am single. I am wondering if it is better to rent out the house and get myself a 1 bedroom apartment....
Matthew Hollister
Amazing commercial property financing help.
I have a commercial building that an older gentlemen wants to sell to me. The building grosses 171K a yr and profits around 80k included the mortgage the purchase price is 475k it's government agencies as tenants with...
Dennis Brooks
Getting a cash out after a BRRR with an LLC attached to property
My wife and I did our first BRRR! Bought renovated and rented a 2 family in 12weeks Long Beach ny .Created $230k of equity minus the $70k for renovations that the renters are paying and still hoping to pull a $1000- ...