I purchased my first home in 2017 via a 203k Standard loan. Property needed extensive repairs. My understanding is that with a Standard 203k Loan, you do not make any mortgage payments until the rehab is complete, 6...
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I recently acquired a small commercial building that was built in 1889. This bldg has essentially been in operation most of its 125 years. I am not a developer, and therefore have no plans to refurbish this building,...
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Had a showing at my duplex where I’m hoping they don’t apply. I sense a headache if they move in. And they definitely did not read the rental ad. They asked a lot of questions about what’s included in the rent. Utilit...
Hi BP Community,I'm looking for some advice, guidance, words of encouragement, or words that'll set me straight. I bought a multifamily just under 2 years ago in hudson county, NJ. The house is 100 years old. We were ...
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Well, I'm looking at a 24-unit deal, and I'd like to get some feedback from BP'ers, as I've never bitten off anything even close to this and my anxiety is up there a bit.
* Pretty decent area, C++ to B- property, full...
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I'm working on my first commercial purchase and I am looking for some help/input/advice on analyzing the deal. We have not received all of the books to perform our due diligence yet so these are rough numbers given b...
Yesterday I received a call that someone went behind my commercial building and stole all the air condition units that are outside of the building. I guess they were going for the copper inside the units. The thieves ...
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I'm thinking about real estate in the Midwest. If I were to buy a home for $200,000 in the Dallas area, I could rent it for somewhere between $1,600-$2,000 a month depending on location. That could generate a net cash...
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I own 15 + acres in a rural community. My family and I can build homes and have done so for years. As we get older, we are looking at investment opportunities to supplement our incomes. My father is an architect/cont...
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I had purchased this town home in April 2018, located in Havelock, NC. I previously posted about the purchase on the following forum link: https://www.biggerpockets.com/forums/522/topics/546300-first-investment-proper...