I am looking at applying BRRR strategy to a manufactured home. Based on comps the ARV supports a $15-20k rehab. The biggest concern is that the house is a manufactured home and was built in 1985. Do these types of hom...
Would you do this deal? Why or why not?Duplex (2 units), 3BR/2BR each Unit.I am looking to live in one of the units, the other unit is already occupied by tenant @ $800 month.Purchase Price: $138,000Loan amount: $124,...
Examining highway expansion plans it appears the highway dept will need most or all of my small MHP (15) lots, all with park owned homes. Park and homes are free and clear.Reading online and talking with my CPA I un...
Hello, so I have been reading a bunch of post on BP and have been doing a lot of study’s in obtaining my first rental property. And I finally had the guts to ask online so I hope it gets answered. I would like to purc...
Hey folks,I believe this will be my first post on BP. If you care to do so, I'd like you all to analyze a deal I am negotiating currently, because I'm on the fence about it. This is a triplex in relatively good shape....
Considering selling my duplex with high prices vs hold. Owner for 3 years, bought for 140k. House hacked and renovated units. All in for 165k. Could sell for 300k ish, mortgage is 830/month at 2.8%. Added detail, I’ve...
Hey everyone! I'm brand new to the BiggerPockets community & i'm currently looking for my first deal. I have potential investors that I can present deals to, but I'm really looking to partner with them and enter a...
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
What is considered a fair rate of return for private lending? i'm planning to do a BRRRR and friends of mine are interested to invest with me, but trying to decide what is considered a reasonable rate of return.
I am looking to purchase a property in Atlanta, GA using the BRRRR method. I've spoken to hard money lenders and will be using that, but I am unemployed so the refinance part is where I'm stuck. I've researched DSCR. ...