A few weeks ago I purchased a 4-plex (3 Residential, 1 Commercial) in downtown Trenton, NJ. My purchase price was $240,000. I borrowed 100% of the funds to make the purchase $75K & $100K private loans at 8% and a...
Hi all ! First post on BP , quite new to the game , and have spent more time reading all the threads on here to answer questions I’ve had and for educational purposes rather than posting !But, now I just wanted to pop...
After buying a property in 2015 i subdivided the lot. I've kept the original original house and lot as a long term rental. In July 2019 I started new construction of a single family home on the subdivided lot. Constr...
Hi guys, I’m seventeen and trying to set myself up to easily buy a multifamily property before I am 20 within my college town (right now it looks like it may be either Daytona Beach or Jacksonville, FL). I was wonderi...
Found an out of state owner that is military and hasn't been in the home for 6 years. Zillow has estimate at $171k. She owes $117 but wants $155 because they took $38 out of retirement to repair home after renters tra...
I need a disinterested party's thoughts on establishing the best terms of an owner finance land development. I seem to be blinded with the emotional aspect of just how rare of a deal this is.
Rare as in 49...
Hello BP, not sure if I have properly introduced myself yet but I have been browsing the forums extensively for the past 6 months just gaining a vast amount of knowledge. In any event, I feel like I am properly prepar...
My offer got accepted for a 6 family building so want to proceed to the inspection process. Do I need to order two different inspections? One for general structural and one for phase 1 environmental? Or is it just ...
Hello everyone from BP, I have been lurking here and there for some time but today is when I finally make a post, yay!
So my dad got me interested in Real Estate through some Armando Montelongo classes last y...
I am seeking ideas and creative solutions for a portfolio of roughly 12 mortgage-free, single-, two-family and four-unit rental homes in Sullivan County, NY occupied primarily by low-income families. Costs of capital...