Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit. Is an attorney required to facilitate this trans action?
Hello everyone! I am a new investor and a new BP member. I live in Virginia and own two SFH here. Currently, cash flowing deals are very hard to find in the DMV area. I am thinking about investing in Detroit, MI. (Sub...
I have a 4 unit building I bought this year and have been working on renovations. I just filled the last unit and am getting noise complaints about the sound. I popped a hole in the wall between the bedroom of one uni...
I'm looking for BP's ideas and thoughts about the pros/cons of financing multiple properties under one commercial loan. I hold one investment property in an LLC and I focus on sub $100k town homes so up until this poi...
In December of 2016 I sent out 500 direct mail letters to duplex owners in SE Portland. One of those letters landed with a couple in Woodstock whose family had owned a duplex for 70+ years. With almost no knowledge of...
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...
I've never used a hard money lender before, but with my first long-distance investment, I thought I'd give it a test drive. A little background: I am a developer, spec home builder, and occasional rehabber. Through a ...
If I'm trying to buy a duplex with an FHA loan to rent one floor of the building, how much money should I have in my bank account? to do any repairs now knowing that the FHA is real picky and wants the house in great ...
Hey everyone,Does anyone know any vendors where you can get ac units for possibly a bulk discount? The 5 unit my partner and I took over had a lot of negligence from the previous owner and all of the ac units should ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $400,000
Cash invested: $450,000
Orig a mix-used 2 unit in B1-2 zoning, a zoning amendment was obtained to up...