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Ok,
SO I have a freind that calls me and wants me to fly to Detroit to Invest..
Here's the deal he has 20-30 properties that we can buy for 15K fix for another 30 K
We will be Rehabbed at 45K
These rent for $900...
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In my market, there is a lot of inventory of historical manors from the 17th century and up (example). These ask for a lot of renovations in order to increase their lifespan, but it is manageable...
Except fo...
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First, let me introduce myself. My name is Bryan Swallow, I am in the disaster restoration industry as a damage mitigator, as well as an instructor. Over the years I've worked on hundreds of projects, from small damag...
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Hey BP community,Just looking for a little insight / encouragement after my first deal fell through. Im in Chicago, looking to purchase a 2 flat in the Pilsen area. I had a 2 flat under contract at 360K with a 3.5% do...
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(I originally posted this in the "creative financing" sub forum but I thought it might get a little better visibility in the "starting out" sub forum.)Hello all,
Looking for a little guidance on how to handle my up c...
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Hey guys, first off thanks for taking the time and providing feedback. I got a very surprising response from a lender for a property that I'm in contract for. Short background, I own 3 properties... two of them multi ...
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Hi BP world,
I went and looked at a Tri-plex yesterday. Two units are currently rented, we met the tenants, and they let us in to look at the units, which are in good shape. The other (vacant) unit will have to be r...
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I came across what looked like a great property on Loopnet. It's a Starbucks, yogurt shop, and Subway on a parcel in a large shopping center in a great area at 8.26% cap. After dropping everything to go look at i...
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Hello,
I had taken a loan about 2 years ago and have been repaying my installments regularly. As far as I remember I am also paying the premiums for the Private Mortgage Insurance (PMI) but how long would it continue ...
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The boom in rents may finally be over - Business Insider
https://apple.news/AXD67uSxWSyKjZ742Jq2Hlw
Interested in thoughts/comments from experienced syndicators. I am wanting to get in as a passive investor but very...