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I recently came across an off market office building in Cleveland. The person who brought it over to me says it is a good deal. The problem though is I haven't dealt with an office building before. I have experience i...
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I just talked to Columbia Bank and they assured me that they sell all of their mortgages to FNMA and do not hold any in house. They told me they do not know of any local banks that hold any of their mortgages in house...
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I rarely open the auto forward emails I get from MLS criteria I setup with RE brokers. Opened this one on Tuesday and saw a house for sale, built in 1997, 5 Acres partially zoned agricultural, 3 bed, 2 Bath, New Pool...
Hi,I’ve done a few hard money deals and I’ve been trying to cash out refinance a rental that’s just about finished. The home is only worth about 85K so I’ve had a hard time finding a lender willing to work with smalle...
I have no idea where to start, but 3 of my coworkers and I are interested in investing in rental properties. Collectively we have a budget of free cash that we have been setting aside of 2500 dollars a month. I have r...
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HI BP community,
So I’m almost finished with a full Rehab on my duplex. We converted the top unit from a 1/1 into a 2/1 with central A/C, new kitchen, bathroom, flooring, and paint. We converted the bottom unit from ...
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The Situation:
I recently purchased my first investment property. It was a duplex and the deal was brought to me by a co-worker who is also a Wholesaler on the side. We have been talking ever since and he has been sh...
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Hello BiggerPockets members!!!So many people are taking action, we've got several projects underway and everyone knows the MLS is drying up so we're exploring some additional strategies to fill up that pipeline.If you...
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What are the best metrics to evaluate a property's success? ROA? ROI? ROE? If so, what is considered good?I'm running numbers on a perspective investment and I thought that >20% ROI would be considered highly succ...
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I've been trying to get a roommate to move into my house for over a month with no luck. A guy called me today and wants to pay up front for four months plus the security deposit. He said I could let the check clea...