Emilio Basa
Looking for a lender that will finance $30K duplex
Hi everyone,I'm looking for some advice or some possible references. I'm talking to a seller now that owns a duplex that is generating $920/month in rent. His asking price is $30K and this is his last property before ...
Michael Washington
Joint Bank Account with Rehab Partner
I was recently able to secure three rehab deals in Baltimore, MD. I have an investment partner who is also a commercial contractor but interested in diversifying doing residential development and future buy and holds....
Tanner Johnson
18 year old getting started— advice and things to look out for?
My situation- I have plans to build multiple sfr in my city and have a few very generous lots in lower- middle income communities. My first project is on a large lot sitting off one of the bigger streets in my town. G...
Ephrem Bekere
how hard is it to refinance? What do lenders look at?
When looking at a refinance, what do lenders look at? Do they just look at the rental income and refinance it based on that? Or do they look a your credit score and your W2 income? As a 21 year old with 2 part time jo...
Alecia Loveless
Add the 3rd Unit or Not
3 years ago I bought a duplex for $249K at 3.875% interest. The seller told me her niece wanted to rent the upstairs unit once it was renovated and I agreed to a discounted rate to help the deal along. Turns out it wa...
David Lehane
Next steps after signing the contract for a Multi Family Home
Hello,So I have been lucky and recently signed 3 contracts, 1 for a Duplex in Grandrapids, I for a Duplex in Kalamazoo and 1 for a 7plex in Kalamazoo. (All in Michigan and all my first Multi Family purchases)I did the...
Tyler Hogan
Suggestions for wealth and tax advisor
Hi there. I am new to real estate investing (just purchased 1st duplex cash with a partner) and am looking for guidance on how I can save the most in taxes and the right path to achieve my investing goals. I heard abo...
Andrew M.
Multiple units or single unit to hedge against vacancy
I was wondering whether multi unit properties or single unit properties present more vacancy risks.
In one way I could single units safer because you can focus all your attention on the single unit, and because once...
Samuel Dunteman
First Direct Mail Campaign
First off, i would like to thank the community of BP for the amount of good information I've been filling my empty head with over the last few months or so. I'm also excited to say that i'm planning my first direct ma...
Jem J.
Apartment investing as a group
Hello BP! Today, I wàs asked by a co- worker if I would be interested to join a group to purchase an apartment building that needs some work. Anyone of you been in this situation? What are the critical points I need o...