I'm looking at a deal the includes 2 multi family houses. Each is a 2-Family. Each property has 3bd, 1.5 baths, on each floor. For a total of 12 beds. The NOI is 60,000, and Cap Rate is 5%. The list price is $1,275,00...
Our offer got accepted on a duplex this past weekend. The rate we were told was 5.5%, and that's with paying an additional 3,535 at closing to reduce it to that. This seems high. Are other people seeing similar number...
My mother passed away last April and I am getting ready to close on sale of her house. I was told by accountant that for next years taxes I will need to know what the value was at the time of my mothers passing. My qu...
in the $90,000 - $110,000 range. Happy Thanksgiving BP community I was doing some number crunching on the Zillow calculator app this morning, and given my budget, I can afford, a max of $75k ( maybe $80,000 ) purch...
This is pretty fascinating. I thought @Joshua Dorkin would appreciate this! http://www.nytimes.com/interactive/2014/06/27/us/d...
Hello everyone. Does anyone know a lender who will do a cash-out refinance in a PRIMARY RESIDENCE that doesn't require my name to have been on the title for a minimum amount of time?The house I live in is in my father...
Hi Bp members,
Title says it already, which parts of south jersey and philly area are better for flip? I live in Marlton / NJ
Thanks , Deniz C.
I am a beginner investor who's looking to build a rental portfolio in the revitalize downtown Newark NJ area. Will Newark live up to the hype in surpassing Hoboken as a desirable neighborhood to live in? and is Newar...
I plan to buy a duplex out-of-state for my first investment. A mortgage consultant from a big bank told me that since this is my first out-of-state property, I can use second/vacation home loan for lower downpayment a...
Hello Biggerpockets members! I am Yolanda from the NYC area. New to investing, I want to make this my job. I will be investing in tax liens, deeds, flip homes, as well as apartment complexes. Any advice in buying my f...