Hello BP!
I need your opinion on the flooring job in my latest acquisition. I pulled carpet and had a local contractor sand/refinish the original wood floors. He tells me this is the best he can get them to l...
Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
Hi every does anyone have any experience with rehabbing a 100 year old house.. The house that I am considering was built 1905 electric and plumbing is updated but floor plan is a lot of walls and fireplaces. A lot ...
Anyone heard of Bavex Lending before? I came across them in a FB group for REI and thought they had a good deal on long-term financing. 5.5% recourse 30-year term for LLC. Everybody else asks for at least 6.5% and 2 p...
Please correct, add to or demolish these. Just from what I have gathered so far. Steps:-Contact leads-Get information on house & see it-Agree on price-Get under contract-Set up the close(Title & Buyer stuff, n...
Just a week ago I closed on the refinance of my 48 unit apartment complex purchased just 18 months ago. Since I get a lot of questions from individuals asking what I look for in a multifamily property and what a good ...
I’m currently under contract on my first sizeable multifamily property. I’m including details about the property below. If you all could skim through and let me know of anything it appears I haven’t considered or any...
Hey everyone ! Figured id reach out here to all my fellow Wilkes Barre/Scranton investors to see how everyone is doing now that covid restrictions have died down. What is your take on the market? For us we are seeing ...
I've had my first rental for over a year right now. I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase. A couple questions:1) How long do I ha...
Hello everyone,
I searched the forum for an answer and couldn't find it.
I recieved a lead on a listed property and am working on my first deal. Ive been going over the numbers and would appreciate any feedback.
Se...