Hi BP,Early this year I made my self the commitment that buy a multi family property but so far the biggest problem I had is committing to an area to farm. I'm from North NJ and have looked at places like Allentown P...
Hey everyone, I'm new to BP and property investing. I'm stuck with a 9-month lease right now but I'm using the time I have to study hard and save more money. I plan on using my VA home loan for my first house hack so ...
My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
Hello BP Family! I've made some progress and wanted to share. I just created a LLC in PA. I'll be looking at Philadelphia, Bethlehem and Allentown areas. Although, I am not too familiar with those areas, I will be doi...
Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
Hello BP family. My name is Alec. I’ve been listening to BP on and off for a couple years now.. I’ve always known I’d do real estate investing “some day”! It wasn’t until the last few months that I realized I would sa...
Anyone rent by the room via furnished finder? I am closing next week on my second property and will be using rent by the room strategy via furnished finder. Property located in Point Breeze between all local hospitals...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $570,000
Cash invested: $100,000
A project that I am currently in the process of rehabbing in Chi...
My partner & I (new to real estate investing) have been advised to pick a niche: homes for first-time buyers, “value-add” properties (those in need of work), foreclosure buys, tax lien purchases, etc. That said, ...
Curious the hottest play in 2023 that you can scale (rinse and repeat)? Could be CRE or Residential? I came across this article: https://www.wsj.com/articles/the-hottest-real-estate-play-is... and thought it was inter...