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I purchased a duplex. The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...
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Hello all - I am sure i am not the first one to think about this, but is getting HELOC on rental properties not a thing anymore !!I have about 7 units (mix of commerical and residential) with good cash flow on all of ...
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I purchased a home in the Midwest (purchase price $45,000) with an ARV of $150-160k) repair cost will be around $42-46k. My initial strategy was brrrr but I have a 12 year fixed rate on purchase at 4% I owe around $32...
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Right now I am in my study and research phase of Real estate investing.Really like the apartment complex property as the final goal,right now,I am thinking big for really large apartment complex (say,100+ units),it se...
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Does anyone do move in specials for their rental units? I have been considering doing something like $100 off the first month's rent or maybe a lower rent for the first 3 months of a 12 month lease. Have you had succe...
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My partners and I are currently looking at our first deal in the hudson valley area. The place is a two family home (3 bed room, 2 bath) currently generating $1000 per door with existing tenants. The problem is that t...
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I am looking at an 8-plex that could be a pretty great deal, but... It is filled with elder people on social security. I don't feel right buying it and booting any of them out and since they are on social security t...
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Hey Guys,
I have a small commercial multi but my main focus has been res. property. I have a question about self-storage and I have never done it before. I have a line on a 42,000 s.f. commercial building in a densl...
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Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...
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Hi Everyone. I'm trying to decide on what market to invest in for buy and hold residential rentals. My closest city is Alpena, MI, in northeast Michigan. From all the numbers I have pulled, I don't think it fits my n...