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I'm a partner in a couple smaller complexes that we bought summer of 2019 and beginning of 2020. Covid definitely slowed our ability to turn the units, but regardless, we'll hopefully be able to refinance our money ba...
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Hey everyone! My name is Matt and I'm a new REI in Kailua-Kona HI. I purchased my first property here in town this past May 2020, it's a 2-2 condo on a 30yr fixed mortgage. I've just finished upgrading and I have tena...
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Hello BP Community,I'm about to become a first time home owner in San Diego City. It is a 2-unit property, both are tenant occupied. I want to occupy one of them as my primary residence. Facts:The unit that I want to ...
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Greetings,
I'm hoping to begin my investing journey with a house hack project in a Chicago suburb. When calculating ARV of a multi-family unit is there anything I need to be attuned to beyond the typical process of f...
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Hello there, has anybody done this before. If you evict a tenant and the courts gave you back possession and also awarded you the financial judgement you had asked for (unpaid rent and paid fees) which the tenant can'...
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Location: Jersey City, NJProperty Type: Fourplex gut renovation, financed with a 203k loanPurchase price: $999,000Renovation amount: $460,000ARV: $1,500,000Projected rental income: $10k/moAnnual income: $120,000Net Op...
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My husband and I have jumped into the world of real-estate! We have done a lot of reading, found a property where the numbers checked out, and are currently screening potential tenants for the multi-family unit that w...
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Greetings ALL!Im a new investor looking to collect 70 commercial multifamily units!My question for you is: What are the qualifications that need to be met in order for a commercial multifamily loan to be granted? (I d...
Hello everyone! Been reading these forums for a while, first time posting. So let's get right to the point: I have a half acre lot Chicago (Rogers Park). Building was crumbling, so had it demo'd and fenced in. I purch...
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Hello everyone, new to the discussion board and to investing real estate in general. Just trying to soak in as much as I can and read up on what ever I can. This might be a bizarre question and frankly not even make...