Andrea Hewitt
Buying mortgages
I have recently been reading about investing in notes.
Is there anyone on this forum who has had any success with buying any sort of notes?
Billy Mehlinger
Need advise on potential Duplex
Hey BP!I was hoping to get some input on a potential opportunity that has come my way. I have yet to see the property but I ran some very conservative numbers and am still showing decent cash flow. The duplex has alre...
Ernesto Alandy
Section 8 & Social Services (Need advice)
Hello all,My wife and I are currently ready to place an offer on our fist rental property in Albany NY. It has 3 units with 3/3/2 bedrooms. Property is newly remodeled. We just checked the property this weekend and,...
Colin L.
Reserves for a bank loan
I have some questions about getting a construction loan from a bank for ground up development. Typically a bank will want the investor/developer to have a certain amount of money as "reserves" that is in addition to ...
Keegan Darby
Thoughts on an analyzed deal
We are analyzing a deal on a duplex, built in 2004. Listed at $190k. Each unit rents for $750. Tenants pay all utilities.
Down payment: $38k
Monthly payment (including utilities, principal, tax, insurance, repairs...
Chootar Laal
What is the best way to source cash from current properties to purchase/acquire further investment properties?
What would be the best way to invest by sourcing cash to purchase additional condos/multi-family properties? Here is my position.
Single Fam: $315k (balance), $700k (value determined using recent sales ...
Babu Rao
CoCR % , CAP metric for deal analysis
Hi All
Sorry but I am a new investor , trying to get started in Multi family investing.
1)While analysing a deal , does Cash on cash return matter a lot , does the deal need to have a COCR return of 10% or more for...
Stan Sims
Is this a Deal or a Dud?
First post...here goes!I'm looking at a single family property as a rental which I'd then try to wholesale but before I pull the trigger I wanted to reach out to the BiggerPockets community. The property, not in a wa...
Baron Hollowell
Going from Owner carry to FHA loan
So I have bought my first duplex with owner financing and had to put a size-able down payment for them to be willing to do it. They agreed to a 2 yr balloon on 10 yr mortgage terms. I am self employed so I wasn't abl...
Mike Brown
Buying Rent-Ready SFH
Hello,New here, no deals yet. I've chosen to focus my investing in Buy and Hold properties in Southern Missouri where I live and work. I have about 10k saved up so far. I'm looking at buying rent-ready properties. Lo...