I have been applying to conventional/FHA mortgage lenders all week. I got preapproved for a conventional mortgage with Better Mortgage. But when I tried to adjust from a single family to a multifamily property. 1-4 un...
Hi All,I (fairly) recently purchased a SE home in R5 zoning with an underlying lot line running through it on a corner lot. It's around 5700 sq ft (100 x 57) with a small house pushed off to the non-corner side of th...
here appear to be a lot of discussions about partnership/JV splits when 1 party is all money and the other party is all sweat/brains.I'm curious about slightly different split of finance/equity and I'm also referring ...
A wholesaler sent me a 5-unit (2 duplexes and 1 SFR) in Kashmere Garden (Houston) for $100k; it needs total rehab, at least $75k. I'm a little a concerned about the neighborhood but it'd cash flow great. Does anyone h...
What is the worst home insurance company in Alabama?
My name is Joel, I have a friend who is looking to sell 6 of his rental properties and I have been evaluating the financials to see if they could be a good deal. His average rent between the 6 is currently $726, total...
Hi All, A little bit of background here. It's safe to say that I found BiggerPockets a little late, and have made some mistakes (and learned from them), but none of which have been detrimental to my aspirations of bui...
When applying the 70% Rule to evaluate a property. Under "Repair" cost, do you evaluate what in fact "NEED" to be replace because is damage or you add a "REPAIR" cost because you want to upgrade?
Example: a floor is ...
Looking at purchasing a couple of multi families.So basically I have a line of credit, or leverage ,against an existing Stock investment portfolio with Merrill Lynch. So I can pretty much write a check for the purchas...
Purchase Price: $960,000Rehab required: $310,000ARV: $1,400,000Monthly rents: $36,000This was my first Vacation Rental that worked out.But prior to that success.....After having a couple of Vacation Rental purchase co...