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Hey everybody!SO I've owned my 4-plex for a little over a year. I've been patiently waiting, and sifting through direct mailers waiting for lenders to start offering to pay closing costs on a refinance with FHA loans....
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Is it a good idea to purchase non-performing notes?
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I’m house hacking a duplex and the last tenant’s lease ended on the 31st. I’ve been looking for a new renter for two weeks and haven’t found anyone who I liked who also wanted the unit. The rent is on the higher end i...
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So I've got a line on a peach of a multifamily deal, and I'm looking for advice on how to structure a deal so it's attractive to investors. I've had a couple of investors tell me the terms I started out with are attra...
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Hey guys!I am in the middle of negotiating on a 3 flat with an illegal garden unit. We've agreed on a purchase price and are just about the signed the purchasing agreement. The listing agent mentioned that 3/4 of the ...
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I'm in the process of purchasing a six unit mixed use building that has 3 commercial spots. I expect the tenants to be the smaller businesses like insurance agents, delis, telephone/ipad repair shops and etc. I also...
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My wife and I are about to put a bid in on a HUD home. This will be a bid during the initial owner occupant 10 day period. We love the home and it's in a great area. HUD's as-is and list price is $114K for the prop...
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We are purchasing a seasonal retirement community from current owners with owner financing.
385,000 for 15 years @6%. NOI is 50k
We do not plan on buying any other investment property.
We have the means to pay...
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Here in the Central Florida market, things are shaping up for prices to take another dip. Inventory is rising and demand is slowing down noticeably. I have a goal of buying my first buy and hold by February 2011 (I've...
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...