Matthew Phillips
Looking to Purchase Potential First Real Estate Investment
Good Afternoon,Looking for some advice on my first real estate investment.Found a duplex that was just listed a couple weeks ago for $549,000. 4bd and 4ba at 2220 sq ft. Being a college student with limited funds for ...
Craig Montesano
8 Unit complex - analysis / offer help
Hi BiggerPockets
This property is currently off the market. Seller is supposed to be working a number up for me....
Here is the info:
2 brick buildings each with 4 units. Kitchen, living room, bathroom downstairs w...
Robin Morales
What is the perfect amount of cash for rental prop?
Hello Everyone!!! I am looking to buy my first property and would like it to be a rental. Ideally, I would like to become a real estate investor and am wondering what amount of cash on hand I should aim to have before...
Henry Lazerow
Still doing 10% down loans and just got a 6.75! Share your rates?
Curious what other BP members and realtors are getting for their client. Would be great to share contacts.Just did a 10% down on a 4 unit at 6.75% with an ARM. Got another client just quoted the same for another 4 uni...
Rahul Gupta
DTI calculation for a vacation home mortgage- conventional mortg
Hello, We use our Airbnb in MN as a secondary/ vacation home when we are in town and usually are, about 3 months out of the year+ every now and then for a few weeks each time. The Gross revenue was about 31k while the...
Eliot Rubin
estimating the value of a condo
Hi all,
I'm looking to jump into real estate soon. I am trying to decide between buying a condo or perhaps a multi family home. I have read that a good method for estimating the true value of a home is to compare it ...
Wirley Pierre
Help with purchase of multi-family property
Hello BP fellows, There is a multi-family property with 5 units in the Fort Lauderdale area priced at $599k that has an average occupancy of 100%, cap rate of 6.53. The current lease is $925 - $975 p/m grossing $57,18...
Cole Black
Two life goals- real estate investing and pilot what first
I have a few goals in life start a business, become a pilot, and invest in real estate. I’m young 19 years of age working at a minimum wage job unable to really save any capital for a down payment. I know I need a bet...
Derek Vannah
Mobile Home Park Questions and Analysis
I had a mobile home park brought to my attention this week from a family friend of mine. The owner inherited the property and does not want to, nor ever intended to be a landlord. I believe I am getting the park at a ...
Christopher Davis
Basics from BP Book on Rental Property Investing
Surely someone knowledgeable in these forums must be familiar with the BP Book on Rental Property Investing?I became obsessed with this book and am beginning my journey into RE investing. And still trying to understan...