I'm looking to purchase a 3-unit multifamily next year that I would occupy 1 unit of and rent the other 2. I will finance using an FHA loan and I know the minimum downpayment is 3.5%, but putting so little in minimize...
Hi! I'm a newbie to multi-unit investing. I'm looking to make an offer on a duplex in northern Va. According to the tax records, the land is valued at $260k and the building is valued at $1k. While the building needs...
We gound our first property that has a good chance of closing. It was a bit high in what we could leverage funds for and after we close, our options will be limited. Can the bigger pockets folks please give us some id...
Thanks ahead of time for your responses ( if any) :)
When pricing a multi family property ( for the sake of this question ... a 2-4 door ) how much if any markup should there be on a property that is fully occupied? I...
What is true NOI while investing in NNN property? How to calculate COC for NNN property?
What Am I Doing Wrong?I currently have two properties under contract that I got from foreclosure (two four-plexes that I am going to renovate and raise the rents). I am getting financing for these properties with a co...
Good afternoon Bp family! I recently passed my Georgia real estate salesperson exam and I'm super excited about getting started. However, I don't want to be a typical real estate agent. I want a niche that sets me a...
Is it better to pay off your own home or start putting aside money for investing in real estate?
I have been a home owner for 8 years and I have always paid an additional ~10% of the monthly mortgage every month towa...
Hi,I am going to purchase Mobile Home Park in TX. I discussed the price with the seller. He would like to get an official offer. Could you please advise me an experienced lawyer who deals with MHP purchases? I would l...
My state real estate exam is next week and I fully expect to pass. I am looking to meet with some local brokers who would be interested in a part time agent. I do plan on keeping my job for now. I already have a fe...