Hello all , While usually I am a residential SFR investor, i have a family member that has recently sold a commercial (Strip mall property with 5 tenants) . Closing was last month with few issues. They had set up ...
I am new to Bigger Pockets. I have been listening to the podcast whenever I'm driving and find it extremely helpful.I am small business owner in the service industry with 5-6 employees. Slowly getting burned and ready...
Hi there!I am a recently licensed Realtor in the DFW area and having a pretty good start! I am about to begin my "adventure in investing" and find myself hanging out here a lot! Nice to be part of the groupKJ
Hi all. I'm about to close on a city-owned property and now the title company is saying because the property came through in rem tax foreclosure, there is a 2 year right of redemption from the date the deed is recorde...
I have only done SF in B neighborhoods until now. I am looking at a 10 unit in a C- neighborhood. The price is great. The numbers the current owner is giving me are good enough to leave some margin for error, and ther...
I have an opportunity on a 4-plex. Actual current NOI (once the current vacant apt is rented) is 46,117. Debt service looks like it will be about $43,800. CAP rate is 6.6%. DSCR is 1.05. Seems pretty razor thin, but a...
Hello everyone. This is my first Official post. I will try to be as descriptive as possible.I own a SFH in Virginia Beach that I purchased 7 years ago with an ARM. I'm currently paying 2.375% interest and it's set to ...
Hello BP!I will cut to the chase. I am in a dilemma and need some experienced advise. Right now I am renting an apt in CA for $1800 for a 1bd/ba. Now that I some money saved up, my plan was to put a down payment(FHA l...
BP...I am looking to open a self directed IRA. Does anybody have any suggestions on which company I should use?
Thanks in advance!
Business is going well already in February. Purchased 3 more SFR's this week to rehab and put back on the market in March. Deal 1: ARV $70,000 Needed Repairs: $10,000 Purchase Price: $38,000Deal 2: ARV $60,000 N...