Eka Linwood
Changing Lender after Appraisal
So, this is probably my fault for not doing a better due diligence ahead of time.We got under contract early Jan for a closing date of Feb 20, and this is my first time buying a house. I got a pre-approval from Lender...
Tyler Munroe
Finding Value via STRs - The Lighthouse
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $10,000
First short term rental investment! Extremely unique house shaped like a lig...
Amol Kulkarni
Thoughts/Inputs/Advices!!!: Greeting Countrymen (Women)
Greetings Countrymen(& women), There might be lot of other posts pertaining to this subject I did read most of them but things have changed due to COVID 19 ( I believe). Pardon me for asking typical newbie questi...
Rich Weese
are we investors going to cause the recession?
I'm sure most of you are laughing at the label on this thread. Hear me out.I started a thread several days ago about how high can real estate prices go. The majority of the responders have all acknowledged that we are...
Andrew Simms
Not just another door locks question
I'm closing on a property in Franklin, NC (WNC) that we plan to STR. There are 6 doors to the exterior (front entrance, garage entrance, basement entrance (next to hot tub), and 3 doors on the main level to the back p...
Shea Spinelli
First Deal - Looking into purchasing 15 units
We're trying to find our first deal and stumbled into a little bit bigger one than we anticipated. We got a deal for 300k on 2 acres. 15 units, 3 duplexes and 3 empty units. They're low to middle income and the gross ...
Yacine Rimmo
Hello from Astoria, New York
Hi Everyone,I am Yacine and I live in Astoria, in my early 30s. I am excited to join the BP community, share and learn with its many real estate savvy individuals!I am starting to invest in MultiFamily properties in a...
Jim Viens
Trouble analyzing this possible "deal"
There's a property that's for sale on a FSBO. The guy is an investor and former structural engineer and had originally purchased this property in order to build a new home for his family. When a major illness prevente...
Patrick H.
Appreciation or Income
Assume that you had the option to by a $100k property that:
A) Brought in $10k in NOI annually
or
B) Appreciated $10k annually
Which would you prefer? Why?
Thomas Handy
Fannie and Freddie playing games with buyers
I put an offer on a Homepath 4 bedroom home on Monday for $44,000, a $1000 less than the asking price. Also I asked seller to pay $2000 in closing costs. My realtor told me other buyers also made offers about the sa...