Hi all,I have 2 rental properties in Alabama. Both are in outstanding condition and everything is currently going great with tenants, etc. What sort of reserves do you usually have in hand for repairs and CapEx?What s...
Property: $145k - Duplex (50% occupancy right now) (Zillow)Rent: Found the ad for unoccupied rental at $550/unit so expected income of $1100 per month (Link to Ad)Costs: Estimated from FHA scenario (at asking price, c...
Hello everyone,I am looking for some advice and was wondering how you would handle this.I currently have my personal residence at a 3.625% interest rate and I locked into this rate about 2 years ago. I have a great c...
I am looking for advice on a HELOC or cash out refinance options that may work on a recent flip house we completed. It is currently on the market and we are actively trying to sell it for $459K. However, we recently a...
Down Payment: $500k-1m (hoping to stretch this across the maximum # of properties as possible)Business Income: 300-400k net profit (Only 1 year of history so far)Personal Income: $5-10k a yearPersonal credit: credit s...
Hey BP, I used PCS recently to open my holding company and LLC last week. They had pitched the "Corporate Financial Program" to help build the paydex up and move all my debt into the LLC and build corp credit. Anyon...
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hi, A new investor here, and I'd love some input on this deal. I pulled data from Zillow, and while the ...
I would like to own multi family units, but I don't know how to use a hard money lender to do so. How does this work so that everyone profits from the deal?
Hi BP community,
My name is Ruben and I am from San Antonio Texas. I work full time in IT and I am looking to supplement my income with real estate, specifically buy and hold. My long term goal is to eventu...
Greetings All.
I had a quick question in regards to these multifamily deals that I get. Some of them have so much spread, I hate to pass on them for a smaller referral when an opportunity arrives. What are th...