Trent V.
Im taking advantage of the VA loan an IRLL during the pandemic
I am very excited about my current plan. It is not perfect and I am open to suggestions. I wanted to post what I am doing because I think there may be Veterans that arent sure how to take advantage of their VA loan pr...
Travis Wilkes
Lending advice/direction for spec redevelopment deal in Texas.
We have been planning on redeveloping this property once leases expired. The property is in Temple, Texas CBD, which has seen significant revitalization, and needs a rehab to maximize value and attract high performing...
Heather U.
comparing multi vs. single family rentals
Dear Members, I am struggling to do an apples to apples comparison of buying a multi vs. a sf. It should be simple but for some reason it is evading me. Looking for your input. Backstory (more or less), I have 4 sf'...
Patrick Stuckwish
Should rental amount include HOA
Hello everyone! I know that HOA fees are ultimately due by the property owner, but my question is:Should the rental amount include HOA fees or should HOA fees be an addition to the rental amount? My thought process ...
Ellie Perlman
IMO How to Vet a Multifamily Real Estate Deal, 2020 Style
Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
Lee Melvin
Having an emergency fund for repairs etc. 50% rule....
For some reason I do not like the thought incorporating the 50% rule when looking at cash flow etc.
Id rather just have a large enough emergency fund and deal with problems when they come up and not include t...
Mark S.
4 Unit Foreclosure
Hey Everyone,
I came across a 4 unit building that's a foreclosure, listed for just under $175,000. It appears each unit is 1,125 sq ft, 2BR/1.5BA. There is no information on rents, current occupancy, etc...
Paul Cox
9 Unit Multi-Family Deal -Upstate NY
Hello my BP family...
I am looking at a deal that my realtor just brought to me. It's a 9 unit (all 1/1) 3 story building in a B- neighborhood. The building was built in 1853 but has been mostly updated thr...
Mike Landry
I think I found my first deal!
I think I found my first deal in Kingwood (Houston area). Long story short:An old friend of a friend bought this house in 2007. Lived there for a couple of years got married and moved. He paid $124,000, tried to se...
Tim C.
Duplex Evaluation
I am a beginner investor in Charleston, SC. Looking to Buy and Hold properties for cash flow. Currently have made an offer on a duplex for around $110K. There are a few sticking points that I have and I was hoping for...