Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...
Account Closed
First possible lease purchase deal
Spoke to motivated seller and we agreed to 170000 at 1600 a month and I'm going to be assigning the deal so I'll be looking to make around 7k and step out of the deal. The motivated seller called his lender and the le...
Lee Common
The government has just released one of the most shocking federal budget reports of all time.
Check out this article in Money & Markets and let me know your opinions.
http://www.moneyandmarkets.com/last-nail-in-the-coffin-29223
Mauricio Botero
Philly Water company making me pay 6 years worth of bills?
So I'm about to refinance on a house in Philadelphia that has been rented out for the last two months, and that I've owned for almost a year. At closing when I purchased it, the city did a water reading and it was jus...
Samuel Albert
New guy from Burlington, NC
I'm Sam Albert. I'm a new investor in the triad and triangle area. I have a rental property in Greensboro. I am working with a developer on building between 50-60 houses on a property I own. I've recently gotten my re...
James Monaghan
Average Profit Per Unit- $100 per month?
Is there such a thing as average profit per unit for Multi Family? I see some variations, however the median range seems to be around $100 per unit per month.
Seth Lipper
Opinions on First Property
Hello BP people!As you can see, this is my first post and I am new here. I certainly wish I knew about this website earlier on, but better late than never! I recently purchased my first investment property, a 3 family...
Joshua Paul
Is Investing in 4 Plex with FHA loan a good idea?
I have been playing around with the numbers and I've found that using an FHA loan (which I am confident I qualify for) I can get a 4 Plex and have a really solid cash flow. This route is very attractive because of the...
DJ Cespedes
Real Estate Options in Latin America
Hey All, I am currently still in the process of finding a multifamily unit in the Bay Area as my first investment property. I have been putting in multiple offers, but so far nothing has come up. I am still plugging a...
Daymon Olson
Newbie from the DFW area
Hello everyone, My name is Daymon Olson and my very soon to be wife, Lisa, live in a rural area, west of Fort Worth. I am a retired military veteran. We have a single family house hack, my old house, that has opened...