Hi BP community - I'm currently working on acquiring my first multifamily property and recently started analyzing deals.Being new to multi-family, I'm paying closer attention to cap rates than with my previous single ...
Hey BP, I would like to receive some advice on a potential first buy and hold property. A little about the area:Its in a class A neighborhood. Great location, great town, near a major city. It is a condo. 1 bed 1 b...
owner financing with little or no money down... both sides rent at 950 per sideprice is 150k, 15 year mortgage at 6%payments are 1265 monthlybuyer pays all closing costs which include transfer fees about $1200.00 plus...
ow do/can I get financing?!?!? Recently I paid cash for a property using a $51K line of credit. So far, only minor repairs and needing new paint have to be completed. The property is 1 apartment within a quadplex. I r...
Hi there, I'm looking to buy a 'triplex' in a trendy part of LA that I otherwise would NEVER be able to afford. I'm curious, is it because the agents are incompetent? Or because it's a 'Historic Neighborhood' with a C...
Hi,
I would like to connect with a mentor in the Maryland, D.C., and/or Northern VA area. I'm looking to work for free doing what-ever you ask for two hours on Saturday and Sunday. I communicate well both written an...
Hello BP world, I haven't been on the site for too long but i have throughly enjoyed and appreciated what I've learned and all the site has to offer. I'm a 19 year old that lives in Panama City Beach, Fl, and have bee...
I'm selling in NY. 2fam, I lived in one unit and rented the other. My acct says when I bought the house for 560k 14 years ago, and sell it for 825k, it will be split into two sales.. and on the investment unit is what...
I have 16 rental properties. I have one under contract now. My basis is $78k and my sale price is $190k. My carry-over passive losses are $147K from all the 16 properties. My MAGI is >$100K; so I am having carry-ov...
Curious what people think. I'm looking at 2 different apartments in Manhatan. Both are good and I would be happy living there in terms of location/building/ apt/ etc. One is about 30% more expensive than the other, bu...