Sandi Hague
Converting a duplex to SFR - worth it? Kansas City, KS / KCK
We're under contract to buy a duplex on N 54th St. in Kansas City, KS. I'd call it a B- area: dead end street about 3 blocks long, mostly brick SFRs, nicely kept.During due diligence, we found out that when the city a...
Tom Squire
Escrow Contract Expired. Seller wont sign Addendum. What Can I Do
Bigger Pockets Community, I'm feeling a bit disheartened at the moment. I had a great duplex under contract with a 60 day escrow to allow for the 203k loan to have enough time to process. I was going to do the BRRR ...
Assaf Kehati
Help with getting a mortgage for low income person
Hey guys I need your kind help and expertise!Here is the story:I have 90K cashI'm looking to buy an investment property for cash flowMy credit score is great (above 800)I don't have any debtIt's the first house I'm bu...
Tammy Harper
Utah 4-Plex, inspector says polybutylene plumbing is a nightmare
We are under contract to purchase a 4-Plex in Utah. I set up an appointment with an inspector and told him the structure was built in 1996. He told me that it probably has polybutylene plumbing and per his opinion, ...
Steven McKinlay
Presenting to Banks
Hello there,
If you know anything about me or have read any of my posts you have probably realized I am at square one and trying to learn.
I am doing some miscellaneous work for some real estate developers/builders/...
Ran Fridman
Can we terminate the lease if they are doing it?
Hello, everyone! Please advise if we bought the property and if it was the lease from the previous landlord.One time we saw that they were smoking, but it's not allowed in the property.Also, we noticed that it's only ...
David Piqueira
Choosing a State for LLC Incorporation
I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....
Montoya Lashley
How to Find Owners Willing to Provide Owner Financing
Hello BPers,I'm a newbie investor, a little over a year out of college, trying to get my first deal under my belt and I'm excited to be sharing my first post to the BP Forums.I'm interested in purchasing an updated an...
Brian Hart
First Buy
Hello everyone, I have an opportunity to purchase a turnkey triplex for 280,000 in arbutus md. the gross rent for the property is 2,900 a month. this falls into the 1% rule. it has two 1bedroom units and a 2bedroom un...
Jerry Shen
Does the 1% rule apply to multi-family as well?
I've heard of 1% rule for buying rental properties (1% of purchase price in monthly rental income). Does that apply all the way up to large multifamily as well?