Dantuna Pernell
Newbie here trying to make my first purchase
Hi, I'm a new in the REI field. I have not bought my first home yet. It seems to be so overwhelming at this time. I oversees working at the moment and just learning and educating myself as much as I can with books and...
Freddy Hernandez
HELOC to Fund Commercial Multi Family Apartment Purchase?
Hey guys,
A few years ago I bought a foreclosed triplex for about $150k. After extensive rehab work, I moved in to one of the units and rented out the other two. Soon after I began the process of a cash out-refinance...
Steven Stewart
purchasing tax sale property from state of alabama
i am trying to purchase a commercial property that was sold to the state 05/24/2016 i am trying to find out the redemption rights for both the owner listed and any possible lien holders i have done a title search and ...
Cameron Mehta
Question regarding purchase of multiple 1-4 units
Scenario:10 Properties, 14 units in a great area across the country from me. Assuming 50% expenses, etc. debt coverage is above 2 using 5% 30 yr. I am an investor in non real estate/ hands off real estate assets and w...
Devang Patel
Car Leasing vs Car Purchase and Opportunity Cost
When it comes to new car transactions, I know the conventional wisdom is to always purchase over leasing to save money in long run. Most say its better to buy a used car instead of purchasing new or leasing. But all...
Mark Davis
inherited a tenant from a judicial sale purchase!
My brother and i purchased a house at a judicial sale in Chester County.the house has 3 units in it. we had visited the house several times prior to the sale, knocking on the doors with no response.after the sale, i...
Derrick Gamez
Any good/bad experiences with purchasing mobilehomes.repairs/fees
Seems the majority of homes in my target price range of under 150k are mobile homes in a community. I plan to rent the property. Mainly wondering if its a good first "type" of house to buy. Being that it seems more su...
Robert Jordan
First tIme purchase, rehab with in law apartment
Hello BP World,I would like to purchase a home that needs work, but is currently habitable. This property has an in law apartment that needs a complete gut. It could be a studio or 1br with garage beneath for 50k. T...
Christie Gahan
When to evict tenants in newly purchased REO ?
Just signed PSA for a bankowned duplex that has folks living there. My understanding is that , while I'm in escrow, I don't own it. So, I don't really have a right to get them out. But, they don't really have th...
Payton L.
Help Me Analyze This Deal (First Multifamily Purchase)
Hello BP! I am hoping you can help me analyze this deal. On paper my numbers are okay-good. It's my first multifamily purchase, and I am in the process of working up an offer on four duplexes. Here are the details: Cu...