Catherine Peters
Financing a 5-plex - commercial loan?
Hi BP'ers!I ran across an MLS for a 5-plex today that is 4 1-bedroom units with a 3 bedroom/3bath attached on the backside and listed as a townhome. I have been speaking with my mortgage broker to see if there's any w...
Vina Real
First BRRRR investment propin Baltimore
Hi everyone! I found this thru the Marketplace from a reputable person. Here's the info:Purchase Price- 60,000Closing Cost-4,000Repairs- 30,000 (he emailed me the full inspection report and had a contractor estimate a...
David Gamble
Wholesaling subject to Deal
Can I do a subject to deal on a property if the calculated ARV is 317,000 and the owner is 50k behind and my assignment fee 35k is that a reasonable assignment fee? The seller also had 234k left on the property. Any f...
Mo Sylla
The MAO:What's the real numbers?
In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...
Kristin Hairapetian
1st time investor
Hi everyone. I'm very new to this so please bare with me. I am thinking about investing in a home near a military base that is in another state. I used to live in the area so I'm pretty familiar with it. I have a real...
Vishal P.
Types of Multi-Family Furnaces and What to Look For
I am currently looking to buy a 6 unit building and have been visiting properties for inspection. Every time I visit a property and inspect the furnace, I find the furnace and its piping overwhelming and confusing. Is...
Gabe Goudreau
How Is IRR/XIRR Affected By Refinancing & Selling?
Hey Everyone,
I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you t...
Matt McConkey
4 Condos in Houston, Great Cash flow - Why won't they sell?
Good Afternoon Fellow Investors, I'm a wholesaler with what I feel like is a great opportunity on paper, but no one wants it and I'm wondering what I'm missing here. I've got four condos under contract in southeast Ho...
Andrew Hernandez
Multiple VA Loans?
Good Morning All! Me and my wife recently purchased a new construction townhouse as our primary residence with a VA loan as she is a veteran of the U.S. Navy. My question is: If we move out after a year or two and ren...
Brandon Reed
Don't know how to start. Please help break these two options down
Hi BP,My wife and I are new to RE investing and are looking to get started using the "house hacking" strategy. We're already approved for a conventional loan and have the funds for a down payment that would be enough ...