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Does anyone have an example of the LOI and POF? Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...
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So I am starting a partnership with two friends, and we're about ready to get into our first deal. We've found an off-market deal, and we could move on it fairly quickly.We have yet to set up an LLC. I've talked to lo...
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I need your support! I recently came across an Absentee Owner/Turn Key Motel Lodge opportunity in Eastern Colorado. I know this offer is not standard Multi-family investment, yet I ran the Rental Calculator.As a Multi...
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Hello All, I am new to investing and trying to fund my first property. I have found a condo that I would like to purchase as an investment property and rent out as a vacation rental. The asking price for the pr...
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Well, upon much consideration I have decided to put myself out there and start up an investment llc. The reason being that I eventually intend on doing this at some point and do not want to go through the hassle of tr...
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Over the past few years I have listened to a significant portion of the Bigger Pockets podcasts, but I don't believe that I can remember one episode about building new large multi-family apartments (10 units plus). I ...
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Hi! So stoked to be here! I have heard a lot about BP for a LONG time and I'm finally getting involved! It's about time! I'm normally an early adopter with things, but obviously am slacking in this regard!My wife and ...
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I am preapproved but the condo I am buying HOA docs won’t meet Fannie may requirements. Looking for alternate lender. Good credit/down payment and a cash flow positive property in MN
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All,
Had an agent bring me a multifamily property in Frayser to look at. Not being local, I'm looking for outside opinions on the area--typical tenant base, trending up or down, etc.
Any insight is appreciated.
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $426,000
Cash invested: $90,000
2 bed 2 bath short term vacation rental 2 blocks to the beach
What made yo...