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Hi! Can anyone advise in the PA, NJ or FL RE markets re: getting a loan for either 1-4 units or more without having a large, taxable income shown on tax returns? My taxable income has significantly dipped due to chi...
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Hello BiggerPocketeers,Looking into a potential property for rental income cash flow. Here are some numbers I put together:Property Cost: 300,000Mortgage: 1250/monthRental Income: Unit1: 850/month Unit2: 900/month Uni...
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My next RE investments will likely be much larger than my first SFH purchases. I'd like to get into vacation rentals and I'll need more cash up front to get them going (down payment, furnishings etc). Besides simply p...
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Hello BP.I'm continuing work on my triplex that I purchased 1 year ago. I have 1 unit rented, 1 almost finished renovating, and 1 unit that I'm hoping to get started on in the next few months. One thing I am conside...
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I live in a townhouse in a great, central location in Miami that I purchased about 3 years ago for 317k, with $245k remaining. It's a two story, 3bed/3bath that's within walking or biking distance from many restaurant...
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Hi everyone! My family runs a 25-30 million dollar (depending on valuations) portfolio of multi-family units in the bay area, CA.
1. Do you think it is possible to invest /develop/ compound this portfolio to the to...
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Hi everyone,I have recently been introduced to wholesaling and I was wondering if anyone could share some advice on how to do it successfully. What are the most important things to know before getting into this? How a...
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Hello, BP!
This 8-plex in Alabama looks like a great deal to me, and I'm interested in feedback from the gurus out there on the details. Link posted below.
Each unit is 2 bed / 1 bath, renting for $450/mo. The ...
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I filed a Quit Claim Deed on a property but don't want to spend any more on the property until I know if the old Mortgages are paid or if another company purchased them. There are two, and I can't find either bank. ...
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I recently put a 10 unit $810,000 MF unit under contract and was eager to secure financing for the project and was persuaded to let a new lender obtain approval at his local community bank. The guy indicated he wa...