Nnabuenyi Anigbogu
Need some advice and opinions on the Chicago Multifamily Deal
Hello everyone,I wanted to get a little opinion on a deal that i could be closing on next month. It is a owner occupied multifamily but i will be moving out after a year and converting it to a full investment property...
Matt Perez
Is 4-5% CoC annual return to low?
Hey everyone ,I am a newbie investor. I am looking out of state because where I live in California is just to expensive. As a newbie I am looking at homes that are “turn key” and could get 4-5% annual CoC. I know p...
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Erik Trefzger
Does Seller Financing Count Against Fannie's Limit?
I've browsed through the forums and wasn't able to find anything on this, but I'm sure other people have this same question. I own 6 properties all financed with conventional 30 year mortgages. I'm considering ad...
Christine Vasquez
New opportunity out of state
Hello all! I live in LA, and have a rental here as well. It has become too expensive to invest in another rental at this point. Looking for recommendations on states I can look into for a potential new investment. Lon...
Justin Smith
Calls Coming In But No Deals. What's Wrong?
I've sent out 2 months of direct mail to absentee owners with parameters such as >50% equity >2bdrms, etc. I've sent out 2250 letters and post cards and gotten 57 responses. That's a 2.5% response rate. I ha...
Lea Cole
Pro: I found a Motivated seller. Con: I am broke with Fair credit
Hi Bigger Pockets!My name is Lea ColeI am in a bit of a pickle but i will explain everything throughout this discussion post...***Skip to short summary if you do not wish to read my offly long story!!!***In Philadelph...
Jeff Kehl
Is your Cap rate 3% above your cost of capital?
I was listening to an Old Capital Podcast today and they had what I thought were some fascinating guests, Vino and Mangesh Patel. They started out investing in hotels in the 80's and switched to B & C value-add ap...
Jeff Mills
Building new primary residence as investment strategy?
Hey ya'll! First time poster.My wife and I are trying to decide the best way to get started building our portfolio. We've been looking out of state a lot as the market here in Utah is crazy but haven't pulled the trig...
Shannon Sullivan
Tampa, FL or LAS VEGAS?
We currently live in Tampa, FL. We are new to investIng. Homes seem so much cheaper in Vegas. If you had the opportunity to move to Vegas to invest, would you? Why or why not?