Jonny Lambert
Maximize benefit of being cash rich
Hello Everyone:
I am new to BP but am loving the culture that I am encountering.
My question is what strategies would you employ if you had 300k of cash to invest?
Background: I own and operate a ...
Clint L.
Want to build 5 Duplexes
Close to retiring. Me and son, who has fulltime job, have flipped 3 or 4 houses, built two spec homes and sold them. All done with cash, I get interest plus investment back, he takes profit. Bought land for 5 duplex...
Curtis Bidwell
Making $ with Overpriced Multifamilies
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,950,000
22 units comprised of 9 2/1 Duplexes and 1 1/1 Fourplex on 4.7 acre culdesac.
Property is in general...
Nick Mullins
Buying My 2nd Multi Unit
Hello, back in March I bought my first duplex secured by an FHA mortgage. I occupy 1 unit while the tenant pays my mortgage. The neighbor next door owns a 4plex and would like to sell it to me for a great deal. How...
Tim Hershberger
Mortgage Financing - Down Payment Options?
Am looking for advice on down payment options other than the traditional 20%. We lost our business in 2018 and defaulted on an SBA loan. Although it was dismissed by the court we now appear on the governments CAIV...
Brian A.
New Member-MA-Looking to buy and hold my first multifamily home
Hi all,I'm new to BP, I joined since I'm looking to buy and hold my first multifamily home in Metrowest Massachusetts (20-30 minutes outside of Boston). This market has seen some big appreciation since 2013, but seem...
Toby Jurging
Looking For Lending Advice
Hello every and anyone ...Situation is, we found two properties in Cincy that are currently college rentals, fully leased, looking to purchase and maintain as rentals. Original plan was use SDIRA funds to finance 20%...
Pat Jackson
Delayed financing, how to not get caught with your pants down?
In case you don't know what delayed financing is, here are a few links:https://www.quickenloans.com/blog/delayed-financin...https://www.fanniemae.com/content/guide/selling/b2...I'm about to have enough HELOC buying po...
Steve Hanford
How do I purchase a multi-unit commercial property with little $
Hey everyone, I am new to the investor space but I have big goals. I like to turn old buildings into modern, useable, amazing spaces.I have what I consider to be a great deal with a commercial property in the heart of...
Jonathan Carpenter
Our first fix and flip
Investment Info:
Single-family residence fix & flip investment in Whitefish.
Purchase price: $267,000
Cash invested: $150,000
Sale price: $525,000
Purchased from online auction with minimal i...