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Hello BiggerPockets community! My husband and I are new investors (just by chance....long story!) and have one SFH rental in the west valley of Phoenix, AZ.
We need some advice from you more experienced inv...
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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...
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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...
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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 ...
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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...
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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...
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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 ...
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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...
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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 ...
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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...