Hi BP,I have a quick question for you.I would like to purchase an apartment complex that has a purchase price around $400,000 and has yearly net profit of $60K. Do these type of deal exist? I could put 20% down.Let me...
This one is for all the lenders out there.Normally when you get a conventional loan for an investment property you need 20% down. Also lenders want to see 2 year of rental income before they count any of the rental in...
I've done a lot of reading and planning and I am very excited to have entered the world of real estate investing. I bought a piece of land and used a friends GC license to build my first investment property. (I'm pre...
I am looking at 4 properties and 8 doors. 2 Duplex and 2 single family with mother in laws suite. Cap rate is 11 percent and its selling for 240k for all properties. 44k down I’ll assume plus other misc expenses. Howe...
I’ve been like many- studying and researching various real estate avenues and waiting to gather enough confidence to put my money to work. I have reached a point where I am ready to invest in my first property. My str...
Hello, I am a licensed general contractor and home inspector in Portland, Oregon. I am new to investing in real estate besides buying my last primary residence, renovating it and eventually selling in Sellwood. I rece...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $285,000
Cash invested: $63,000
4 individual townhome units. 2x 1/1 and 2x 2/2
What made you intere...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Franklin.
Purchase price: $205,000
Cash invested: $65,000
Over/under duplex with one unit having 2 bed/1 bath and the othe...
Hello Bigger Pockets members! Hopefully I’m writing this in the correct category. For the past few weeks I’ve been studying this method and finally got the courage to start searching. I currently live in West Covina C...
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*This link comes directly from our calculators, based on information input by the member who posted.I noticed that I have INF% in my report. What does this mean? I never see it in any o...