Hello!Seeking any advice from the pros on owner finance and 1031 exchange. Thanks in advance!I purchased an inexpensive 5 acre property out of state (1000 miles) for two reasons. 1 to gain experience and confidence in...
How does a hard money loan actually play out? My first deal will most likely be a BRRRR. If I get a hard money loan, when do I pay the interest and what does that look like when analyzing a deal? Does anyone have an e...
Hello BP Community, I have been saving up money for my first investment property. But with what I have saved so far, I would only have enough for a downpayment. No reserves, no cap ex, or saving for repairs. Can anyon...
Hello BP. I just a single Family deal under contract from Wholesaler. My plan is I am going to use Hard Money lender for first financing to buy and rehab. After I get it rent out, I will refinance to 30 year traditio...
I am wondering how many mortgages a person is allowed. When it boils down in real estate, I know leverage is key especially with rental properties. But I have heard that banks will only lend a certain number of mortga...
Hello BP community!My name is Pathik Parikh. I'm brand new to the Real Estate Investing world, along with 2 other members (my younger brother and brother in law), through an LLC based out of NJ. Like many of you, our ...
I'm looking into BRRRR strategy and looking into buying my first investment property. I appreciate any advice you might have. My budget is between 500k to 700k for a duplex in northern Jersey. Belleville, Kearny, Harr...
Hello! This is my first post here. I’m currently living in a rental, own a property that is rented out and buying a new primary residence. I’m trying to figure out if I should use the cash reserves I have for a down p...
We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $776,000
This is a 4 unit townhome complex. Each a 1350 sq ft 3/2.5. Brand new build. We're purchasing from the ...