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Hey BP community. I am a new investor in Washington and I need help with some numbers. I found a 2/1 w/o a garage, built in the 50s that is in an area where the median home price is $330,000. The neighborhood has home...
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Hello BP Community,
I am in the process of filing my LLC. I currently have a property that is financed personally. I do not want to transfer ownership to avoid the bank possibly initiating the due on sale clause. Ho...
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Stepping up my game to multifamily…This 6 unit is rented in a decent area and has 5 rented and the owner occupying the 6th. Here’s my objective. Buy the property with a conventional investment loan. Fix up the 6th uni...
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Hi I’m an agent and I’m on a team with a focus to target first time home buyers. Currently we get most of our leads through Facebook ads but I wanted to give direct mail a shot and I think a great place to start would...
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Anyone out there borrow from their 401K to purchase a rental property? How did it go?
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Investment Info:
Single-family residence buy & hold investment.
We still own and operate this as a vacation rental and event venue....been at that for 15 years or so.
What made you interested in inv...
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I recently came into some extra money and want to invest in a mobile home park. Everything I see lists cap rates. What is a cap rate and why is it useful? Any information is appreciated.
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The owner bought the building 50 years ago or so because he originally paid $36k for it. There' practically no comps for a 4 family in that area so myself and my friend(agent) comped it somewhere in the 800k's. The ...
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Hi BPer's,So I'm attempting to take on my first investment (fix and flip). I have 2 other partners on this project. 1 of which is my current business partner in our renovations company. The other is an investor I foun...
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Hi,
I am just starting out and learning to use the calculator. This deal was emailed to me. I need help and an understanding if this is a good deal. I put it through the calculator and appears that it is not, however...