Looking for input on this deal. This will be my first 5-family. I have a couple triplexes and a quad.Here is the infoPrice is 370000. Owner wants 25% down @ 6% for 20 years with a 7 year balloon.I have only done co...
Hi BP! I finally did it! I closed on my first house and I wanted to share some of the details, as I feel like I got an amazing deal. Let me know what you think!
The story: @Bradley LaBrie mentioned to me a friend of ...
Tell me what you would do.I am buying an STR and can pick between two lending options right now. I will detail both.--------------------------------------------1. The commercial loan: Borrowing $135,000 at 4.875% for ...
I contacted an investor who had listed his property on Zillow and this is what he responded with. I have never dealt with a tenant-buyer acquisition before and don't know exactly how to go about analyzing whether or n...
Hi all, I own a few properties in CA, but I'd like to buy a home to actually live in myself in the next few years. I'm currently renting in a pricier part of SoCal and would love to buy a home there, but houses start...
I know a really good book i need to read on how to finance this deal - Investing in Real Estate with No (and Low) Money Down - but as I await it's arrival, i'd appreciate any advice on a current deal. The property is ...
I’m planning on house hacking a duplex for 185k. However, I have a dilemma with choosing the best loan option. I plan to move out after one year and put someone in my unit and repeat the process again. My goal is to o...
Hey there guys currently weighing my options as to what's the best thing to do with a rental property I have right now. I will start off with the fact that this home wasn't bought to be a rental, it was my primary res...
I have been doing a lot of property scouting and found a area that I believe would be great for capital growth. However, a few of the houses I am looking at have really bad floors: Would it financially make sense to c...
What’s up everyone! I’m looking into this duplex that previously burnt down and is now a new build. They were asking 500k for it, Now it’s down to 475k. I’m thinking of selling my house, (we’ll make a pretty good p...