Hello, I recently started marketing to Multi Family owners in Kansas City. I received a call from a possible seller yesterday who has a 4-plex; but has little to no data on the building. (To add to it, he recently h...
What is the best avenue to successfully sell a turnkey STR?
I'm strongly considering diversifying my investment portfolio with real estate. My top three motivations are:
1. Diversifying: A place to put money in addition to the stock mkt.
2. Appreciation: Single family home...
Hello BP Family,What rates are usually offered when obtaining a loan from hard money lenders or from personal relationships compared to rates from traditional institutions?Thank you.....
I own and occupy a condo in a 4-unit residential building, that has a commercial unit attached for a total of 5 units. I got this property for a steal as a foreclosure through a first time home buyer program. I have h...
Hi all!!I'm in need of some advice. I'm looking to purchase my first property as a live-in flip/upgrade. I found a property that is a 4 bed 2 bath, an addition was made without permits to make a 2 separate 2 bed 1 bat...
The Skyline Apartment Real Estate Investment Trust is investing heavily in Windsor and Tecumseh.The Guelph-based company just purchased 23 properties for $136.2-million, to become one of the more dominant landlords in...
Someone I know is interested in helping me finance a portion of my next deal. What's the process on setting this up? Do I have an attorney draw up the papers and then he get's a position on the mortgage? Does he ge...
Hello BP community, I currently live in Los Angeles, but I would love to purchase my first rental property. I have heard about out of state REI, and I wanted to know how does one get started. As well as if there are a...
Investment Info:
Small multi-family (2-4 units) hard money loan investment in Campbell.
Purchase price: $165,000
Cash invested: $49,000
Sale price: $165,000
Purchased this 4-Plex for $165,000 usi...