We have a fourplex in Portland that has a seller-financed mortgage on it. Its worth maybe $900-$950k and is at about 40% LTV. We hadn't refinanced because of the prepayment penalty on the note, even though the rate ...
Hello expert CPA friends or Lawyers at BP!!One of my clients recently asked me if he could sell an investment property (a rental) with a 1031 Exchange and use that money to buy a primary residence. I didn't know what ...
Investment Info:
Mobile home buy & hold investment in Liberty.
A 15 unit Public Water and Public Sewer Property just two hours outside of NYC. I love it because of the public water and public sewer- curr...
Good morning BP community!I am looking for some advice on the capital I use for BRRRRing properties. Currently my buying power is using the equity in my properties in the form of HELOCs. This has been a very useful to...
Investment Info:
Single-family residence buy & hold investment in Panama City.
Purchase price: $36,000
Cash invested: $49,000
We purchased this Hurricane damaged house using excess cash from our ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $85,000
Cash invested: $25,000
This was a single family home that has been converted into a 2-...
I just begin in this journey and I found a good deal (I though). It's a foreclosure and for my surprise the Local is commercial. The property has 1st floor (Commercial for DR office or other service) and in the 2nd fl...
We have just completed renovations on our first SFH rental property and are ready to market it. Photos will be taken today/tomorrow!! We are testing the waters on rent but any advice on a reasonable rent. In addition,...
Investment Info:
Small multi-family (2-4 units) other investment in Oshawa.
Purchase price: $210,000
Cash invested: $70,000
- Purchased in late 2014
- PP- $210 000
- 15% down payment, $30 000
- $40 0...
Hello BP friends!What’s been your experience with flipping a good deal in a questionable neighborhood?