Tom Ashe
FHA loan and adding Units to 4plex
Hi all,I'm a first time real estate investor and I'm working on my first deal. I was able to find this off market in a HCOL area, and it's providing a couple of very interesting value adds.1) It comes with plans to a...
Brendan M.
Chicago Househacking - Impatient or concerning trends?
Hey all,I own two four flats (Albany and Kilbourn Park) that I've househacked and looking for a third. I was fortunate to do Homepossible (5% down) on those two but now I'm relegated to FHA and 3.5% down. I've been lo...
Vy Mai
Sell with option to rent back until they find a place
We are making an offer on a single house near UMass Lowell as an investment property. (3 bedrooms,1 bath. 5 minutes walk to the university). However, the seller accept the offer but asking to rent back until they fin...
Casey Smith
Help Evaluate a Deal: Mobile Home Park, partial HUD
Hello everyone!This is my first post so please bear with me and be patient if I don't follow standard decorum. I'm just going lay some out of the details and I would really appreciate some insight as if it seems like ...
Walter Milam
Duplex in Bakersfield CA
Hello all, I am about to close escrow next week on a 3/2, 2/1 duplex in Bakersfield CA. It is located in Oildale, a "rougher" part of town. Fortunately, it is in the north side (north of the river), which has seen som...
Quang Tran
Hello from Sacramento, California
Hello all! I hope you all welcome me into the BP community! My name is Quang Tran and I made the decision to join BP while reading The Book on Rental Property Investing. I am a student originally from the Bay Area. I ...
Chad Vergason
Commercial Real Estate Career - Beginners Advice
Hello everyone,I have recently begun a career in Commercial Real Estate. I graduated college with a degree in Entrepreneurial Management as well as a degree in Finance.I've moved to a new city (Tampa, FL) and my spher...
Braden Parkes
Parents Helped Me Out - What's Next Move?
Hey All,
So I'll try to keep it as brief as possible while still providing the necessary info.Parents sold me their 3bd, 3br 1600 sqft home in Los Angeles (San Fernando Valley) for a roughly 15% discount from it's ma...
Victoria Jackson
Investor backing out on my first deal due to pandemic..what now?
I have a close relationship with my investor (family member), but as I move in on a property I can sense it may fall through because of the pandemic. Just an hour before putting in an offer I was given the “let’s thin...
Account Closed
Is this a good deal or am I ludicrous & unrealistic for the idea?
Hey everyone, this is a long description so please bear with me, but I’m reaching out because I want to know if you think I’m being unreasonable, and if this is a deal you would consider as an owner.Description of my ...