Hello BP community, I caught wind of a brand new triplex that's not completed yet (should be in 20-30 days). It's listed at 199k. I'm thinking I would offer 210-215k. After accounting 30% towards vacancy/property mgmt...
I’m a newbie and this will be my first deal. I found a great quad that is listed for $220,000 and I want to offer $200,000. It is fully occupied and produces $2400 per month income. I really want to do this deal but I...
Does anyone on BP have a good "pitch" or list of reasons why to convince an older seller to consider providing seller financing? Not to talk a seller into it, but a quality list of benefits to them if they were to pro...
Hi everyone,I purchased my first home (400k) in Charleston SC, a 2 bedroom 1 bath house with a 1 bed 1 bath cottage behind the main house, a little over a month ago. I am currently looking for tenants for the main hou...
Hello!My aerospace company (over 10,000 employees) pays me highly in private stock, more than my salary at this point. My the average yearly return on the company stock is over 30%. Since this is much higher than conv...
Hey Bigger Pockets, my partners and I work for a Design Build firm building 40MM Apartment complexes for other big developers and its time that we start developing for ourselves. Currently we have our eye on a lot tha...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $159,500
Cash invested: $8,000
House hack with ADU covering most of mortgage payment.
What made yo...
Hi,
What are your thoughts on creating a seller financed deal? Is it better to price the property above market value but at a lower interest rate, like 4-5%? Or current market price but higher interest rate?
Thank you!
Hello everyone, I am new to real estate investing and am seeking advice how to get started with str/ mtr. I’m currently living in Jacksonville NC area, bought a new construction in 2020 for a great rate and used the V...
I Have several hard money and private money offers, but I want to model it properly for my partner. How Do I use the BP Calculator for BRRR where the initial year is Hard money and then converted to a secure loan. I ...