I just got a verbal agreement on two properties with 5 active units and a potential 7 more. Property one is a 4 unit multi-family that earns ~2600/ mo. Property is currently zoned as business and has 1 unit rented tha...
Hi All,I've got a few lots in a mountain subdivision that's west of Winchester, and I've got a lead on a motivated seller who has another 12 lots he'd like to either sell as a package or work a deal with a develope...
So I just purchased my first two units this month. One was a cash deal on a condo in a hot spot of town, the other is a 3/2 1770 sqft brick home on the other side of town. The 3/2 is financed for 30 years, but the int...
HI BP community,Newbie question here. The question is for multiple property/multiple loan peeps. I am looking to buy a property soon, very soon. My husbands needs to refii his rental but can not qualify ( through con...
Hi all, The AC went out in my rental property this weekend. Of course it was the day before new tenants moved in. I've gotten quotes from ARS, Tobin, and FixIT. The quotes are running between $7K-8K for AC only, and...
I am hearing several different things about buying a second home with a VA home loan. Our first home we did with an FHA. We understand that with the VA home loan the property you purchase must be a primary residence. ...
Hello everybody! My name is Daragh McGough, currently in my final year of university studying Marketing & Finance. Working full time at the moment as a sales consultant/team leader with a marketing company in Pert...
We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
I am hungry to get started with my real estate investing. I have another 12 years approx to retirement. I have one rental home so far.I would like to first invest in a single family home in one of the best areas of Or...
If someone is selling a portfolio of a 4plex and 5 plex how does a mortgage company look at that? I know a quad isn't classified as commercial so it wouldn't by itself qualify for a commercial loan. Does that change w...