Excited and relieved. After 5 contract extensions for reasons way beyond my control, the ink is finally drying on an FHA financed quad, bringing me to 6 units.In March of 2016, 2 months after my 23rd birthday, I boug...
Hey All,I am looking into buying a few acres of commercial land. It is a play in a small town that is about to get a couple hundred million development project that will bring jobs. Some activity has taken place but...
Hey Guys, I just purchased a triplex for 127,000 - 30 year mortgage.I am trying to figure out what i should be making each month off this house? I heard that if you make 10 or 20% of the amount you rent for per month ...
Hi all. I am working on the feasibility of a joint venture multifamily development. I would like to re-finance into long term debt once the project is finished using a DSCR type loan. Is it possible to get fixed rate ...
Greetings everyone,I'm new to BP and would like to introduce myself and pose a hypothetical situation in hopes of gaining some valuable insight and maybe help others along the way. Personally I have dabbled in real es...
Hi everyone,My property has a cell phone tower on its roof, and I just received a letter from the carrier saying they've decommissioned some of their microwaves, and that they want us to reduce rent in light of this u...
Hello BP,
I've considered REI since 2002 and have a 2-flat in Chicago that I bought in 2006 to live in and rent the other unit. Now I live in Evergreen, Colorado, just outside Denver and still have the Chicag...
Hi BP Community! I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class. My hope is to build a strong network of like m...
I am what you all call a "newbie". I am also one of those that in retrospect see how silly it is to have paid for training in REI.. but I did! Yes, shoot me! However, for now I will just say I am in the beginnin...
My husband and I have inherited a home that we’ll be selling this spring after light renovations. We stand to walk away with 150-200k and want to get into real estate investing as our path to financial freedom.We both...