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When analyzing deals (multifamily rentals, usually 4-20 units) I have found that it is rare that a deal meets my criteria (even when it meets the 1% rule). I am typically looking for at least $100 cash flow per unit a...
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Hi BP, probably a dumb question but was wondering if I have 4 conventional loans already and want to move faster and get 3 commercial loans on 3 different properties giving me a total of 7 loans, will the 3 commerci...
I’m currently living in a house I purchased with a VA loan and I’ll be moving in around a year and a half and I’d like to keep the house and use it as a rental. I’m military and I’m near a major military installation...
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Sorry if this has already been discussed, but I stopped making offers for about 6 weeks (too much irrational exuberance around the tax credit), and started making offers again this week...
I made three offers on Fann...
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Hi,
I have 5 acres that would make an awesome building site out in the country. Someone has expressed interest in buying the land contract for deed and putting a double wide mobile home with a permanent foundation on...
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Hi need advice, I’m unemployed at the moment I cannot qualify for any house. I came across a house and I love it and my girlfriend is willing to purchase it, she qualifies for it but she wants nothing to do really wit...
When you say you can close quickly - what enables you to do that? Does that just mean you won't be requiring an appraisal, inspection, loan, etc. so you won't have to wait on that, or is it that you have some relatio...
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I landed here at BiggerPockets looking for answers. After looking around a bit, it looks like a great community. You guys seem great and maybe you can help.
My wife and I have been in search for a home for our family...
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Is there any benefit to putting multiple residential investment properties in one LLC? If an issue were to arise it can potentially affect all properties within the LLC. I’m in CA and have properties in 3 other states...
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Hi all,One of my neighbors is a crazy old lady/hoarder and she is some $13k behind on her HOA payments. The POA Board has placed a lien on her house and she is about to go into for foreclosure. I want to make her an o...