Michael Andrews
Reserves on first MFR
I am under contract on a 12 unit MFR and trying to more accurately estimate reserves for maintenance and capex. I am tentatively planning to buy-and-hold the property to build up the downpayment on the next property ...
Jason V.
Are there any FREE resources for researching Commercial property?
So I'm aware that Coldwell Banker can pull up all types of information and zoning maps and square footage and historical sales prices and whatever. But is there ANY site that can provide ANY of that information for f...
Abraham Anderson
20 vs 25 year amortization
I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
Justin B.
How much should I purchase this note for?
I'm new to note purchasing, so any help with this situation would be much appreciated.I'm wanting to purchase a note from a man who owner-financed a property he sold. The selling price was $165k with $15k down, and th...
Jasmine Benford
House Hacking in Baltimore City
Hello everyone!
I am ready to start my REI journey! Ideally, I would like to start off with a House Hack. I'm curious to know if anyone has house hacked in Baltimore City and what areas you may suggest. I work downt...
Adam M.
Expected IRR on smaller MF value add
Curious as to what IRR you look for in a value add MF. I spent an hour or so building a model with some guestimates. Kinda curious how far off I would be. With no rehab I estimated the IRR to be 12% and w/ rehab 22%.H...
Lena Wang
BRRRR or using private lending WITHOUT w2?
Hi, I have a W2 right now, but plan to quit w2 for life asap. I have a plan to acquire 1-2 4plexes while on my W2, then moving on to Commercial or use BRRRR. I have some questions: 1. I understand that for commercial ...
Jonathan Kessous
Question About Notes
Hi All,I have an option to buy a non-performing note from a Notes wholesaler. Before i jump into this (i am new to this) I would like to know if some of you who have done it can assist. I know I will need to hire an a...
David Socia
Do you accept Co-Signers on Leases? Why or why not?
We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...
Candace Hall
Wholesaling ARV and Repair costs
Hello everyone,I've made a few Wholesale Deals while working with a very generous Mentor. But now I am curious about a few things I read in a few Facebook Group post.The first gentleman stated that "he doesn't even bo...