Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $985,000
Cash invested: $200,000
I bought this 7 unit apartment building with a partner. I had sold a tri-pl...
Hello everyone!My name is Josue Guzman. I graduated from the University of Houston with a degree in mathematics (mostly out of love for the subject) not really knowing what I wanted in life. After a few months working...
Hi,Long time lurker posting for my first time.Just wanted to see what you all thought was a fair equity to give an investor putting 80% of the cash for my first REI deal (other 20% is coming out of pocket).Planning on...
Hello all. I'm wondering if my closing costs are to high even for NYC.
3 Family new construction 9br, 5b, finished bsmt.
Interest 4.5%, 30 year fixed
...
Hi, my name is Jared a brand new investor , and just wanted to say hello to everyone. I'm in the suburb of Schaumburg Illinois, outside of Chicago. As of now I'm in the reading / planning phase , and trying to get sta...
I'm new to bigger pockets. I am closing on my third single family home rental. However, this will be the first one that I will be managing. Biggerpockets is a large website. I'm still trying to navigate it. What t...
BP Community: I closed on my first deal about a month ago and it feels GOOD. I have the real estate bug bad now. I acquired my first property via online auction for 45% of ARV using a HomeStyle Loan. I'm in the middl...
A friend and I are embarking on a 16 unit building and splitting the financial burden, which is the easy part to divide up. However, we aim to do more deals in the future and want to develop a good operating agreement...
Hello everyone,Does renting a room out with a year lease agreement actually count as "renting experience" to a lender? -I have been currently renting out my extra bedroom in my current home for over a year now. The re...
Hi all,I am pretty new to BP, so forgive me if this isn't the right space for this. Where should I be looking to find a credit/equity partner for a buy & hold multi-room rental home in Kalamazoo, MI? I have fou...