Hello again, I'm finally closing on my first deal, a duplex 1 bed 1 bath each unit.Both units occupied and they pay $450 each.I bought it for 93k and it needs 15-20k rehab.I can leave it as is and cash flow $400 a mon...
Hi Everyone!
I’m currently looking to purchase a single family property (2-3 beds/1-2 baths) in Philadelphia, PA. I intend to live in the property for a year and then convert it into a cash flowing rental. I'm still ...
I am looking at this property in Orlando Fl for my first rental I keep analyzing but I just want to make sure that I am plugging these numbers right. Here’s my deal:Duplex Price: $310,000Fha financing 3.5% : $10,850In...
Hi all,I recently turned 20. I have been working up and investing my money for a few years now. I have around 50k in assets, just no cash. Im starting to save up 25K for a down payment via FHA loan to buy a property i...
First time post, long time lurker.We purchased our first STR in Crested Butte, CO in November 2019. It was a new construction townhome in Crested Butte South (7-10 minute drive to town), and we paid $550k. We went liv...
Hey Everyone,
I am Orlando De Los Santos, originally from the Dominican Republic, I grew up in North Bergen, NJ. I am passionate about finances and helping people, It is my hope to meet amazing people here that can ...
If I might lose my job soon, would it be smart to lock in at least a line of credit before I won't be able to qualify anymore? Or doesn't it work that way? I'm planning on buying a rental when I have 80k in savings wh...
I purchased a duplex in 2015. At the time, both units were leased at $450, which was low even for the area at that time. I've raised the rent a couple of times so the long-term tenant who was there when I bought the p...
Hey everyone - of those who have buy and hold/rental properties in Philadephia, are any of you investing from out of state or at a distance?I have a family member moving to Philly and buying her first residence. I was...
Hey everyone, new to BP and Brandon has fully convinced me into purchasing multifamily investment property. I'm working my first deal (woo hoo!) with a private capital investor on a small duplex. My partner is investi...