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[Calc Review] Help me analyze this deal
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Nicholas Finelli
Partnering on Rental
Here is my situation: found a triplex for $175,000 that cashflows almost $900/month. I'm currently under contract. This property is fully rented and I'm going with a conventional loan. Trying to figure out the best wa...
Daniela Reyes
Structuring Deal East Orange NJ
Hi Everyone, Im just starting out and am having a hard time knowing how to structure deals. I got a proposal from someone who found a single family home inNJ for 185k , the property needs about 30k in Reno and can pot...
Ante Bolling
I have a building im looking to turn into an apartment
I have a partner who owns a small community church in South Philadelphia probably the best up and coming part of the city. Now I'm trying to figure out should we pull the rehab money from HELOC or an outside source th...
Robert Shedden
Partnership for Newbie
I am looking at purchasing two fourplex buildings for $500,000 total. I plan to finance $375,000 (at 5.550% amortized over 20 years)through a local commercial bank that works with a lot of investors. My plan is to bor...
Mike R.
Buying condo direct from developer and rent it?
Hello All,I own and live in a condo building in an urban area with strong rental market. 2 Units in the same building are owned by the developer (there were never sold to individual owners, just held by the developer...
Michael Pham
1031 Tax Exchange on MF Home
Hi Guys,My question is pertaining on using the 1031 Tax Exchange on Multi-Family homes. Theoretically, is it possible to remodel a distressed duplex, live on one side, sell the other side, and roll that profit into a ...
Michael Sladek
Capital gains question
My wife and I have a duplex purchased in November 2013 and lived in 1 unit and rented the 2nd unit until October 2019 when we purchased a Condo to live in as permanent address. We're looking to sell Condo after 2 year...
Jacob Messer
Fix and Flip in Indianapolis
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $25,000
Sale price: $131,900
This was one of those that was a dream for everyone involve...
Lamont B.
Buying a Lot to Build a Residential Home
Good morning BP,
I've done a few fix-n-flips, but I'm considering buying a lot to build a home to resell. I THINK I know some of the basics: buy lot that has connections to sewer and water, find a builder to build t...