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Hello,
I am hoping to get some investment advice on a fourplex in San Jose, CA.
List price: 1.9M
Rental income: 114k/annual
Taxes: 25k/annual
Expenses: 37k/annual
Mortgage with 1.5 borrowed (3.75% APR):...
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Hello everybody,The following is all theory and I am putting it out there for the community to correct my process not exactly the numbers.I am doing my homework and trying to analyze 5 deals a day. Working on getting ...
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BP Members,I'm looking to dive in to real estate investing and came across an interesting portfolio that is being liquidated. The portfolio consists of 6 SFH's and 1 Duplex. All of the utilities are being paid in ful...
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My husband and I are trying to accelerate our process in gaining multi-unit properties. We have two properties ( 1- 3 unit and 1-2 unit) in the Chicago area. Within the past year we gain another multi-unit property (2...
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I'm looking for a deal for my first flip, my lender tells me, won't give the loan unless he makes sure the deal I'm getting in to is good, also saids once we buy the property he will provide funding as the project is ...
I would like some help and thoughts on how to handle a remodel project that I entered into. It is a cost plus residential construction agreement in Texas that clearly states that all receipts and invoices shall be pr...
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Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
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Hi All: I'm a 55 year old newbie to real estate investing. I've had a triplex for many years and doesn't really cashflow well. Since I've had it for 15 years (only 9 years left on the mortgage), I have 200k worth of e...
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Curious to see how the real estate market is performing in your area? Are you seeing inventories building up and see signs of slowness or are you seeing your market continuing to appreciate?
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...