I'm in contract for my first rental property in the Buffalo area and will be inheriting a tenant who is currently paying way under market value. Property is a side by side duplex (each unit is 900sq ft, 2bdrm/ 1ba) On...
Hi everyone, I posted some details about this in the deal diaries forum but apparently that wasn't quite the right place so I thought I'd share a little bit here about my first real estate (investment) deal. Back in 2...
When you are picking which lender to finance your project... What makes the difference in a Good lender and a Bad one? What are you looking for to help you grow your business?
I bought a single family residential property using my own cash, renovated it, with my own cash, and have now had a tenant in the property for going on 2 months. I am looking for a bank to finance the property, which...
I am new to this a bit, so I know I am still learning the ropes. However, it seems hard to find any property with 6+ units in Jersey City or Hoboken where the #'s work. Example. One 9 unit building in Hoboken is 2....
Good Evening BP members! I've got a quandary and I'm hoping to get some clarity. We've got an opportunity that sits as following: Seller wants to unload his four properties. He's getting older and no longer wants to b...
My husband and I intended to do a reverse 1031/investment exchange that has gotten a little too complicated. We've identified the replacement property, to make the numbers easy costing $300,000. We plan to live on it ...
After calling a few commercial mortgage brokers, I've realized that the game changes after 5+ units.
My experience has been with 2-4 units. Lending on it is pretty easy/straightforward. You want a 30-year fixed loa...
Hello people left and right tell me to start REI in my own community but I live in LA where there is gang activity almost anywhere. Even if there’s no gang activity the prices are too high? Should I try another state ...
Hello All - I'm looking to invest in the Florida market but I'm having a hard time choosing the specific city. Does anyone have any suggestions?
(ruled out Miami already) Thank you