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Hi All,I have a question that I hope someone can help me with. I have been looking at wholesaler property listings that were sent to me from the summer time. The prices that many of the properties actually sold for ...
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Hi all, My husband and I are both teachers (I work in Newark and he in Bridgewater, NJ). We are looking to invest in rental properties (multifamily) to hold for about 10-15 years as an additional income. Since we ar...
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I've been in talks with a owner who wants to sell his property off market. He wants to sell for $70,000. My real estate agent friend tells me the ARV is $60,000. When I discussed this with him he says on the open mark...
Hello,I am 24 years of age and I currently been thinking about my first rental property and I'm going through my options.I work full-time as a Leasing and Marketing associate and my gross income is around 50K a year, ...
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Hello, All! This is my first time posting on BP, and I am a very new investor. For the sake of this question, let's use a $200,000 home(s) for my below example:If all other factors are neutral, say one had $120,000 wo...
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First time investor here,
I am currently in contract for a duplex that I will be house hacking, with plans to do 5% conventional due to my lender stating this was a possibility. He emailed me today stating that he w...
Hi,My names Colin. I've been analyzing deals in the Charleston area for few months now. It seems like many of the places I come across that are close to the 1% rule still have pretty thin margins based on how I am run...
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Hello everyone,
Especially the mortgage brokers. Understand there are many different loans and would like a deeper understanding if this is correct?FHA --> non-traditionalVA --> non-traditionalConventional -...
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I have a lead on a multi-use property that could be intriguing. It is FSBO, owner is old school and simply looking to get rid of the headaches associated with being a landlord and fund his retirement. It has 2 apartme...
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When it comes to seller finance of a multifamily property, are they typically five year baloon or thirty years. What are the typical interests you have seen?