Joseph M.
Can you help me evaluate this 3 family deal?
I am having a little trouble with calculating the maintenance/capex expenses. It is also hard to find comps for this type of property in this area. I would be putting 20% down with a 3 year ARM amortized over 20 years...
Kevin D.
Complex Dual Agent run deal in California
We recently engaged in a deal on a duplex in the Bay Area and would love some feedback. Here are some of the particulars. Duplex with 2 units, each 2/1. Total SF is 1641. Owner occupied unit is upgraded with new k...
Eden Safdie
QUESTIONS !!! LLC's & Commercial Loans VS. Partnerships
Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...
Nghi Le
Seller Financing, Subject To, and Wraps
We just presented an off-market seller several options to purchase their home, and they seem to be leaning more towards the seller financing route (for the highest purchase price). However, we've never done this befo...
Terry T.
Investment property near university
Hello all,I really need some advice from you! Please help.A little intro, My name is Terry, currently living Winnipeg, Canada. 26 years old.Ok, here we go, my friend is selling a rental property near university of Man...
Kyle Gillespie
First Multifamily Negotiations, help evaluating a deal
I am in negotiations for my first multifamily deal, it is a 12 unit brick apartment complex built in 1950 in rural Washington state (same town as I have another healthcare business in) current owners have done a good ...
Anna Hamann
Forming an LLC or a Partnership and getting financing
Hello everyone,Myself and 2 of my colleagues want to invest together, and we wanted to find out what is the best way to organize ourselves. Form an LLC or a partnership? Then also if we are all willing to get financin...
Bob Asad
Use SFH HELOC to Purchase 12-Unit Apartment?
Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...
Micah Truman
Rates for property management? Growing quickly, need a little advice...
Hello All,
Time to jump in and start posting - I have been lurking around the forums for quite some time.
A bit of background - I bought my first duplex a little less than 3 years ago, and have since bo...
Tavaris Little
Has anyone started off this way?
I am planning on purchasing a SFH using an FHA loan. So, I'll live in it for a year or 2 and move out and rent the property but after that I'm stuck on what's next.
Has anyone done this and it worked out for them or...