Hello all,
Sorry for the long post, but I wanted to give as many details as I could.
I recently purchased (1.5 months ago) a foreclosure (my second rental property) utilizing a 15% down construction loan that looked...
Im in the " south market" I have found a ranch style, brick 4 plex ( 2bedroom 1bathroom in each unit ) 2,688sqft with a paved parking lot, built in 1980. Tenants pay water and electric listed at $89,900.00It has been ...
I have been reading this forum for the last few months, but since I just got my first HUD foreclosure deal accepted this week it's time to plunge in and pick the collective brain of this community.
My in-laws are in ...
Currently trying to close deal for a fitness center (will be completed in Spring 2019) that is not yet in the market. Agent brought it to us as he thought it was a good deal and that we could get it secured before oth...
Hi guys! I am a newbie real estate investor still learning and would like some insight on a property I am analyzing. Some quick facts about the property:Price: 265,000No. Units: 6Price/Unit: 44,166.67Cap Rate: 9%Year ...
I talked to my bank about refinancing a property I have owned outright for 10 years and they want the following. I think this is a paper storm that won't do anything other than burn my time. They have all my info as t...
I have been finding out that the people that get "interested" in investing their money in real estate seem to cool down by the time I put a deal together. I am currently going through the process of getting loan throu...
Hello Bigger Pockets!
I'm excited to share some insights about commercial multifamily investing in Mobile, Alabama.
1. Market Analysis: Mobile, AL has a promising market for commercial multifamily properties. The ci...
I am looking to buy a 4 unit apartment. I have the 25% DP, the closing cost and my credit is excellent. The lender would like me to keep 6 months of reserver funds not just on the apartment but also my primary and a...
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...