Marcus Gaethke
5/1 ARM at 3.5% vs Fixed Rate at 5.75%
Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...
Javaras Thomas
Area to invest in Cleveland Ohio
Hello, what are some areas I should be looking in the Cleveland Ohio market? What are some area I should stay away from, I am looking for a "cash flow" style property. I am ok with a little rough but want to stay away...
Rodney Smith
Hello from Redding, CA
Hello everyone! I'm excited to have been referred to the BP community (and podcast which i've been listening to like an addict recently). My wife and I bought a 4-plex in 2011 and a SFR at the end of 2013 (both in Red...
Serge S.
Metro Phoenix Multifamily flashing red
Phoenix multifamily can't lose right? We have been purchasing based on three primary inputs:1. Perpetual rising rents.2. Perpetually low interest rates/ability to refinance.3, High occupancy/low economic vacancy.Unfor...
Matthew Thomas
Financing first deal
I have the ability to put roughly 15k down on my first deal. That being said I wouldnt have much left in the way of funds for a rehab, ive been back and forth on either going through a private lender or getting a trad...
David Kauzlaric
Trying to get started, could use guidance :) Is this a good deal?
Okay so I am seriously interested in getting my feet wet in real estate investing. It seems like MHI is the way to go because of the low cost of entry and if things go bad, you're not out more than a few thousand a...
Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Joseph Tipa
How to minimize unforeseen forclosures prior to closing on a deal
Hello BP. I bought a house and prior to closing on the deal, my agent said the ARV will be XXX. I closed on the deal and started the rehab. Well unfortunately during the rehab we had some foreclosures that popped up f...
Azeez K.
MF Deal Analysis Help: 32 Units in Cobb County, GA - Would you do this deal?
Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...
Barry Hickson
Dollar General Store vacated and new store built next door
My in-laws had a property in Fort Deposit Alabama that was lease to DG for a couple of decades. Without advising them, Dollar General built a new store right next door to their store and now we have vacated 8000 squa...