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My wife and I have 3 properties currently and were just approached with an off market triplex and SFH. We want to buy them and fix them up to rent back out. All in we would need about 300k for purchase and rehab. We d...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,200,000
Cash invested: $60,000
Seller financed collection of 5 short term rentals & two vacant lots in...
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Hello Everyone,
I am looking at purchasing 40 unit apartments for $375,000. They are lower end and renting for 350-400 a month at 50% occupancy. Each unit needs roughly 10k in renovations. The seller assures that if...
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Has anyone started there real estate business with hard money loans? I’m new to real estate and looking to transition into it full time. I’ve been doing a lot of research. Just want to know the pros and cons
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Greetings BP,Recently, someone offered to sell me a home after hearing about my research into REI. They inherited a duplex and just want to offload it, as it needs a good bit of renovation. They offered to sell for 68...
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Looking to finance the purchase of a multifamily property being used as a rooming house. That means they are renting it out by the room. There are 50 units with most of those of it being by the room. Each room has a s...
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Hi all, I’ve recently started reading the BRRRR book. Is the B(BUY), and the whole strategy premised on buying the first property out right without taking out a loan? Then later taken that equity to get a loan/refinan...
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I am looking at approaching a couple that owns a dozen or so investment properties. The wife wants to sell and the husband is unsure. I was trying to come up with a scenario that would be a win-win for both parti...
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Hello there,I was told by a friend a couple weeks back that a great way to find properties for sale is to ask friends for their landlords information and ask if they had any properties they were wanting to sell. I did...
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I own a 6-unit building free and clear. I bought and did a gut rehab about 10 years ago. I want to take cash out to make minor repairs and consolidate debt in advance of selling the property before end of year. Would ...