Hey everyone,
I am trying to set some goals for myself for acquiring rental properties and I am wondering how fast I should go.
I will have to finance every property I buy. I want to focus on rentals and no...
I'm thinking about buying a non performing note for a small multifamily property. Property isn't in an area where I want to manage it, nor would it be practical as it's about three hours away from me.
One of my exi...
My tenant of 3 years is interested in converting his next lease renewal to an owner finance purchase and I was hoping someone might have some examples of what they've done in the past. They don't have the cash to do ...
Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Hi everyone,I've come across a 4 family unit deal in Western Massachusetts that I'd like to put an offer on, I'd just like some input from everyone on the numbers before I go forward with it. This is my first deal so ...
What do you guys think of using machine learning for multifamily investing? I have a friend who works in consulting and his company Keystone using machine learning tools to solve large-scale problems, and it seems lik...
Hello, BP. I'm not sure if this is the right place, so mods, please move, if needed.I'm in my education and learning phase, so I'm hoping some members can help enlighten me.For this, I made sure all were NPNs, and all...
Doing FI (financial independence) math is simple when you're only invested in stocks/bonds. Knowing your savings rate, and expenses + using tools like Networthify/FIREcalc get you there pretty quickly. MMM talks about...
My wife and I have owned a property on which we've lost money on for the last 6 years or so. It started out as our primary residence in 2007 and stayed that way until we moved out of state in 2009. When we moved, the...