Brian Cowan
Looking into Killeen TX market
Hi BP FamilyI am looking to buy a rental property or property to owner finance to someone. The Killeen market is very attractive because of all the properties under $50k. I realize that these properties will not be in...
Chris You
Questions on building custom building cost Los Angeles, echo park
Hi BP folks,
I own a duplex that is zoned to add a stand alone third unit to make a triplex. After going through different options to build ( prefab or custom) I’ve decided to go custom because I’ll need to add parki...
Evan Vallis
Transferring Title w/ Mortgage
Hello, I purchased a home in Michigan and am entertaining sectioning off the lower level as it's own apartment, and renting it out to a tenant below. It has its own kitchen, bathroom, etc. I would be living on the upp...
Michael Mikhjian
Turned 30, own 12 units generating an average 13% cap-rate
Just turned 30, finally grew my portfolio to officially 12 units (Just under $2 million worth) generating a healthy avg. 13-15% cap-rate on each unit with traditional financing over the span of the last 4 years. I've ...
Pat West
Property under contract with possible foundation issue
Hello,I am posting in the hope of getting some advice/opinions about an issue that I found with a property that I currently have under contract.This property is a 3-plex that was built around 1890. The foundation is b...
Anna Khan
Help analyzing rental property. Yes or No?
Experienced rental properties investors! Please help me to analyze correctly and Not make a big mistake. Calculator shows negative numbers. Not sure how. Thank you. Condo price - 70K (paying cash)HOA-$254Annual Ta...
Dustin Dummer
Analyzing property location
I've been analyzing a 4-plex investment opportunity. The property is in a small nearby town. This entire surrounding area is a vacation driven economy with small populations, and not a lot of professional jobs. The 4-...
Chris Frey
House Hacking for Less Than Mortgage Payment
Hi all! I've been a lurker here for a while, but I've come across a property that piques my interest and wanted to get some feedback on the situation.My girlfriend and I are moving in together, and we're looking at ho...
Joan Riano
FHA 203k loan on a 2 unit 100 year old 2 flat - need advise
I recently got an offer accepted for a 2 unit property in Elgin, IL. Its a 5 bed 3 bath. The offer got accepted for $125k with 5k in credit from the seller at closing (essentially $120K) I'm trying to use a 203k str...
Steven R.
Apartment complex profit share - need funds to help develop!
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,300,000
Cash invested: $45,000
Apartment complex 16 units development to be built - duplex
...