Hello,
Great to be here, as a newbie - so much good information! Hoping to gain some clarification/insight, as I must have missed something: I don't see how to carry a newly rehabbed property for the typical 13 mont...
Hi All,First time posting, and really, new to RE investing. Is the 1% rule a "must have" for a smart multifamily investment?
Considering a multifamily investment (2 Units, 1/1 down, 2/1 Up) listed for $600k in a "B" ...
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...
I'm working on BRRRR deals in Fort Worth, TX.Renovating distressed SFRs into duplexs (in zones that allow it). These areas are still vastly SFR. From what I'm seeing it looks like a duplex is generally valued lower th...
Not being an expert on sub2's, how thin is too thin. For example:
3/2/2, 1656sf, nice neighborhood in an area that's headed for more residential development.
ARV is a solid $132k
Avg DOM 46
Seller owes $115k @ 4.5% ...
Greetings! I'm relatively new on BP and with real estate investing. I want to do real estate part time (preferably do buy and holds on multifamily properties). After gradating college, I'm have been in a financial slu...
Background: This year, we refinanced our primary home from 30 to a 15 year conventional to lower our rate from 4.75% to 3.5% and to finally end PMI. Originally, we were not entertaining the idea of moving anytime s...
Hi everyone, i have a difficult task and that is staying ORGANIZE. I do wholesaling here in California, but i'm having a difficult time staying organize. When ever i think i have a lead i save the address on google dr...
I can't believe it's almost August! That means it's been almost a year since I started reading real estate investing books and listening to the BP podcast and I still haven't made a purchase! Eek! I'd like to buy a ho...
Hello BP'ers,I had someone call me regarding a 4 unit that he's interested in selling, but is concerned about taxes and recapture costs. Property was purchased in 1989 for 165k, current market value around 270k. Owner...