Jon Huber
I bought my first Multifamily (triplex)!!
Hello BP Nation! I am here to tell you all of my latest closing. I got my first multifamily investment! As some of you may know, last month I celebrated being a bicoastal investor when I settled on a single family pr...
Kelvin J.
Loan strategy problem. Which option sets me up for more deals?
Hi all.I just sold my condo and am aiming to buy 4 rental properties in the next 12 months using the proceeds. My problem is my DTI as my pay is pretty horrible, and I'm struggling to see a way through. I don't have e...
Andrew Taylor
This Seems Like a Winner: What Say You, BP?
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Bobby Narinov
Evicting suicidal/crazy tenant
I just purchased a 21 unit apartment complex with a lot of problems. I started cleaning it up - 3 unit evicted in the first month and two more in the way - all of them professional tenants. But this month I got a new ...
Jimmy H.
Using Homepath OO as investment
I have a question concerning a Homepath property in my area.
The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...
Jill Herges
place renter prior to closing?
Question: we are closing on a home November 30th and plan to rent it immediately. The current owners have vacated the property already and have asked if we would be okay placing a renter prior to closing. I have many ...
Account Closed
Tenant already not working out
Hey BP,So. Just a short back story. Second month of lease, the rent was 2 days late. My wife texts, they say the rent is on the way. Next day I get only $700 of what was supposed to be $1700. Tenant explains you ...
Mario F.
Strategy for first time buyer in LA, duplex or condo?
Hello, I've been trying to think of the best strategy for my first home purchase in LA and wanted to tap into this forum's wisdom! As we all know, prices have sky rocketed which makes buying a property in Los Angeles...
Mindy Jensen
Ep. 287 Putting Together Real Estate Deals w Creativity, Not Cash
How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real est...
David Yacubovich
First rental property questions
Hello BP community!We finally decided that we want to try to buy our first rental property. And with that decision came a lot of questions and anxiety. I tried to research as best as i can the forum and all the availa...