We just built a 30 x 250 building last fall. Just have 3 units left in it now. On the extra land at that site analyzing doing another 30 x 250 or a 40 x 250. We don't have enough land to do Two 30 x 250's, thus this...
Hey everyone. I am a full-time wholesaler in Eastern NC. I'm looking at a deal that is pretty unique for our team and trying to gauge where an investor would want to be for this type of transaction before we take it o...
Is it typical that the Zillow Rent Estimate is not even above 1% the listing price of a house, let alone 2%? I'm brand new and starting the 90-Day challenge to buying my first rental property after having attended my ...
Hello Biggerpockets community, I have recently put a triplex under contract that very well may be my first persona property. The property is a 2,400 sf Triplex located in Springfield, MO. The site is in a phenomenal l...
New Goals, Rental refinance - cash out / lower IO payment or Repayment?Hi BiggerPocket investors! I wanted to get some advice / options. I am looking to refinance a SFH I have rented out in UK and use the money to inv...
I'm sure this topic is beat to death but here I go. I own 4 SFR properties that I purchased using conventional mortgages with 80% LTV. I am not a great deal hunter. In fact I pay a premium to purchase excellent cash f...
Hello, I am running numbers on properties using the BP rental property calculator. Each time, I am seeing significant negative cash flow. I believe that I am entering numbers incorrectly. Any tips/tricks on using t...
Hi all,
I would like to get your thoughts on some rental numbers:
Location: Rochester New York
Built: 1895 (recently remodeled roof, electric, appliances, windows, etc.)
Sale Price: $247,500
Property Tax: 8,300 p...
Question. A friend asked me. So if lets say I have a lender that his minimum loan is 75k (has to be 75% of ARV), and I find a house for 85k that is valued at 100k and higher, could I offer the seller 100k with 15k cre...
I have been approached by a non profit who has been given a house through Wells Fargo. The property is in bad shape, but a large portion of the remodel is being donated. The portion that won't be donated is for labor ...