Hello everyone,I purchased a 5BR/5BA townhome with private pool in Davenport resort community for STR use and occasional personal vacation use. I am looking to self manage with a local team for ops/cleaning and some a...
Hey everyone,I'm evaluating a small apartment complex, over 4 units, less than 12 and was wondering about financing.Is this going to be difficult for me to get without any other deals done?What's the minimum down paym...
Hello BP Community!I am wanting to begin investing in single family rental properties, but have been feeling overwhelmed with where I should begin my search. I've been trying to analyze one property per day in order t...
What do you think? Good deal or a pass?
The numbers:
Seller wants $2 million dollars.
6 units are 1 bedroom and 1 bath and rents are under market by around $500 to $600 each.
There are 2 : 2 bedroom and 1 bath...
Home value is 325k - 350kPurchased at 160k and refinanced last year at 2.75% and still paying off closing costs for another year
Current Loan balance $108000
Current mortgage $869Rehab needed $15000
Rental income e...
Is a fix and flip loan the best option for this scenario? The property is being bought at a discount and has equity built in already... no need for funding to do renovations.. is there any other forms of financing th...
I’m on the verge of closing my first rental property (90k) in Ohio. It needs some exterior repair and parts of the roof as well.Assuming it gets appraised minimum 100k after repairs.. will I be able to take out a cash...
I'm looking in the Long Beach area of Los Angeles County for a multi-unit apartment. I like Long Beach because there's no rent-control and apartments are more affordable at 125-190k per unit than most areas of Los Ang...
An elderly lady, Jane, owns 4 off market and an empty lot by one of my rentals. Jane wants to sell to me and escape of the headache of land-lording . She is too old to deal with tenants, maintenance, and she wants to...
Working on my first deal to dip my toe in the REI world. I've done a lot of reading and lurking here and I think I've identified a deal with potential.Caveat: these numbers could be completely wrong or a very bad deal...