Hello!
I purchased my first fixer rental property back in May this year for 220k$ and I totally remodeled by myself and now it's worth 300k.
The house got rented very quickly for 1500$, with a cashflow of 300$ after...
Hello BP,
Shortly after the shutdown in March I decided to get a HELOC. I'm 8 years into my mortgage at 3.62% for 30 yr fixed. I recently spoke to a mortgage broker who advised to do a cash-out refi and close out the...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Oklahoma City.
Purchase price: $120,000
Cash invested: $30,000
This duplex was a For Sale By Owner. My partner and I negot...
Hi all, I need some expert advice. Looking at 4 unit apartment building in northern part of Tampa bay area. Purchase price $195,000 (30% down payment)Tax $2006/yrInsurance $2700/yrVacancy (6%) $1170/yrReserves $2000/y...
I thought this would be a good question to ask. How does the analysis of a deal change depending on what you are looking for? Its obviously going to be different from a buy and hold standpoint versus a flipper's point...
Like everyone else I have been looking, connecting, negotiating and I think I may have found one that will work. The fact that this property is a Class A property located in the most visited National Park is just icin...
I've got ~$200K that I can pull from a cash out refi which will increase monthly mortgage payments by ~$1500 on two of my investment properties. I'm looking to determine if it makes more sense to buy some more investm...
I’m looking at an 8unit apartment building, 2bd/2ba each. Asking price is 359,000. Conservatively I’m assuming $550 per month rent. 1 unit is vacant. I expect about $80,000 in renovation costs. $439,000Rent $4,400Mort...
Hi BP friends,My husband and I are relocating from Chicago to California and we are looking for high level opinions on whether to sell or rent our condo in the next couple of months. We've heard from everyone that it'...
My direct mail marketing brought me this lead, a 3B1B in oak park area.Owner is asking 100~110k, quick close as short as 10 days. I check the comps, its ARV is about 200k, however, the condition is really bad, needs a...