I am working with an extremely motivated owner. I do not have her under contract, but very close. The reason for this post is that the house is scheduled to be demolished. I am working with the county inspector as wel...
I’m currently looking at a nice duplex in good area in Santa Ana, CA. The idea is to house hack. The rent won’t cover the mortgage but it will definitely help. The mortgage on the property would be significantly more ...
Hi all,I am set to close on my first small apartment building next week (7 Units). The current owner is about 50% under current market rent rates. This confirmed by the appraisal report, local realtors, and my own D...
Hi all. This is my first time starting a discussion on BP after lurking for a while and listening to the podcasts for a couple years.Recently I have seen numerous posts, most recently by @Alex_Franks regarding the maj...
Hi everybody, I'm a first-time rental investor wth a general question about the financing process. I have the opportunity to purchase a six-unit apartment building in Pennsylvania with likely sales price of around $45...
Hi everyone!This is my first BP post after listening to several podcasts, reading books and sifting through various discussions on BP. I am in my mid thirties and somewhat new to the field of commercial real estate bu...
I currently own a few single family homes and a condo in Colorado, the market here isn't as ROI friendly as it use to be and so I have branched out to other states looking for my first multi unit. I came across one in...
I know finding lenders to process small mortgages is almost impossible, but I was wondering if anyone has tried offering to pay additional points to the lender to make it worth their time.. if a lender could get 2k o...
I have a friend that is renting a home in North Miami Beach in FL. On April 15th of this year, her landlord ripped up the backyard under the premise that she was fixing the septic tank for the small 1350 sq ft home. ...
There is an REO I have under contract and still within my inspection period. I went down to city hall and discovered the additions on the home are unpermitted and violate setback rules. I cannot obtain variances sin...