My understanding is that an apartment buildings value (5 units or more). Is based on there income, not comps. So if someone has a building that a percentage of there income is down because of covid moritorium allowing...
Hey everyone! Let's end the debate here between the two! Comment below why you believe STR's or LTR's are better as well. Let's hear it!
BRRR....How do I get the refi part? I have been turned down. I NEED A cash out refi based on the value of the asset not my income. The homes are rented,.
Hello everyone!I currently have 8 homes and looking to grow my portfolio in the new year as things settle down. I am nervous about taking the next step and wrapping some homes in a commercial loan as I’m betting on in...
Hello I’m based in NYC. I have been studying wholesale for a few and I’d rest and the concept of it. I look at markets outside of New York however close to it. I have a notebook dedicated to cash buyers and distressed...
If, as planned, the President closes the Line 5 pipeline from Canada, propane is expected to double in cost. Natural Gas should follow suit. A tech for one of the largest companies told us that they are expecting shor...
I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and ...
Hello Everyone ! I am 28 years old and a Newbie Investor from NJ, literally just starting out. I have been reading BP blogs, listening to podcast, and watching Webinars. From what I have read , I am gathering that Dir...
I own a 2 family house in NY, I took out a HELOC and bought a one family home 6 months ago. I figured I would refinance the two family and clear my HELOC line so I could use that to invest.
I spoke to a lender to re...
Investment Info:
Single-family residence buy & hold investment in League City.
Purchase price: $155,000
Cash invested: $26,000
Bank REO that had been vacant for quite some time.
What made yo...