First, I had these 14 duplexes under contract for $450K. After I walked the property, found a lot of deferred maintenance, learned that half of the units are in the least desirable part of town and around $100k in rep...

Hello Everyone,I found an off market deal with a retiring landlord who is starting to sell off their properties. One of the packages they are offering me is two properties (5 unit and 4 unit) for 1 million dollars tot...

Hello all,

I am in process of making an offer on a SFH in Northern New Jersey but am struggling finalizing the offer.

I want to offer 90% of appraised value with the seller holding a 30 year 6% note for me.

What ar...

BP FriendsWe have closed on our first investment property in Baltimore and can't wait to get started. 2 bedroom 2 bath ((we are adding a bathroom) 1200sqft. 30k cash purchase with a combo of line of credit and private...

I have a condo I rent out that has great success with staying occupied I've had a zero percent vacancy rate on it since moving out and converting it to a rental three years ago. I bought it with 5% down as it was orig...

Ive found a house. It needs a lot of work. Asking price is 14,900. Houses in the area range from 50-60k. Prob C- area. Im guessing i can get it for ten. The electric is new since a past attic fire. It'l need a total r...

Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?

I'm asking this because hypothetically, if the previous owner purch...

Hello!I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, ...

Hello BP,How do I come up with an offer on a duplex, triplex or quad  if there are no comps available? The ones that I have seen within 5miles were distressed properties. I will be financing with a mortgage and live i...

I'm looking for a little advice.  My wife and I bought our current home (only home purchase we have done) in 2013.  Original loan amount of $152,950, current principal balance $143,617.  However, in those 3 years the ...