Joe Leonti
Closing costs and lender fees are killing my deals
I am planning to purchase a duplex (or triplex). I am now working with a lender to get pre-qualified for a loan. I wanted to find out what the real cost of a loan would be, so I am getting estimates. Well, what happ...
Hyacinth Dolor
How should I invest $300k cash in a commercial multi unit?
I would like to get into the commercial multi-unit. I have $300k as deposit and about $200k in equity in my properties but not sure where to start besides mls and loop net. Currently, I have a few properties and try t...
Ryan Reynebeau
First Inquiry on a Multifamily - Seller is experienced investor
I am looking for my first deal in real estate, and found a post on craigslist in my area that I though had very good potential. It is the first home that I am inquiring about. There was no indication that the seller w...
Thomas W.
Is it possible to build wealth with only turn-key properties?
I currently work 50-60 hours per week and am looking for a more passive way to invest in real estate as I believe that will give me the highest return in the long run.I understand that buying a turn-key property from ...
Derrick Jordan
12 Unit Apartment deal - Seller wants to sell with assumed Mtg
Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...
Henry Clark
Self Storage- COC, Cap rate, Cash Flow evaluation; which is best?
Was on another post and the question was asked, "What is a good COC for B and C self storage." The following discussion relates just to drive up B/C self storage locations. More than 80% of these are owned by Mom/Po...
Jimmy Mozingo
How do I get estimated value of a portfolio of apartments ?
I have been presented with an opportunity to buy an in vestment portfolio contains 4 separate apartment complexes in Central California totaling an asking price of 7.19 million. This is a mom and pop portfolio and th...
Lillian Mitchell
New out of state investor - lessons learned so far
Thought I would share lessons learned so far for those who are just starting out and looking to invest out of state because their local market is too expensive. I am just back from a weekend trip looking at both ...
Richard Libutti
Creativity -- helping or hurting the market?
Hey there, I will keep things short and simple, but I will introduce myself and pose an open-ended question with some color as I am genuinely interested in feedback. My name is Richard, I am an owner/operator of a mos...
Miguel Horta
Has anyone ever House Hacked in Southern California
Hey BP Fam, I am looking to buy a Duplex in So Cal. Most likely San Diego Area or Orange County. I just wanted to ask if any of you have done a house hack deal here. I want to see if it possible to get my half of the ...