Ruthie Johnson
Rental Portfolio Due Diligence
I was presented with an opportunity to buy 6 single family rentals (all in the same location, but out of state for me) as a portfolio. Each had been purchased and renovated to rental quality by the same owner 5 years ...
Juan Jose Lopez
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.
Sean Ploskina
203k Loan costs?
I got a quote from a wells fargo loan officer stating the closing costs for a 203k loan was going to be 8k on a 105k loan. This seems really high to me. Am I wrong? Help me BP!
Blake Norman
Potential First Deal
Any and all input is welcomed on this specific example. This would be my first purchase of any property. I have found a multifamily property I am interested in. I saw the property today with a realtor and met with the...
Bruce Kinser
I'm Looking for Advice
I've got a short sale listing in Oviedo, FL that I'm having a problem getting a buyer. The home is a two-story, 2563 sqft home near the University of Central FL. The home needs work, as the seller couldn't afford to ...
Laurie Horning
How to price a property with duplex/ADU income potential?
Hi BiggerPockets Community,
I am about to sell my first renovation project where I remodeled the basement into another living space (there is also a separate entrance to the basement). I'm located in Portland, OR an...
Garrett Gruss
House hack sfr w/ airbnb in DFW
Has anyone tried house hacking a SFR, renting out the rooms to airbnb guests? I looked into it, and with the garage converted into a studio apartment (for myself to live in), a 4/3 could be cash flowing about $1000+ a...
Pat Ryan
Shopping around for loans - best practices
Hi everyone,
I'm currently shopping for loans for a multifamily househack. Looking at both FHA and low down conventional.
I first went to my local credit union and the best they could do was approve me for 5% down c...
Philip Joseph
Purchasing deal from Wholesalers
I’ve had two dealings with wholesalers the past month since I’ve gotten back into investing and both times it didn’t seem to be a good deal. In fact, I purchased a better deal two weeks ago straight from the MLS. Th...
Carla Brown
Refi and hold or sell and reinvest?
First time poster here - learning a lot by reading! I have a SFR rental that is mortgage free. I have had the same tenant for about 5 years and they never call me and pay on time every month. I am around 8% cap rate....