My realtor/property manager has a listing for a 4plex in a low-income area and has talked to the seller(s)...4 partners, about the idea of providing a second for the down payment. The bank I use will allow a second. ...
Hello, everyone! Please advise if we bought the property and if it was the lease from the previous landlord.One time we saw that they were smoking, but it's not allowed in the property.Also, we noticed that it's only ...
Hello - I'm six months into my first investment property, a 4-plex in Midcoast Maine, and thought I'd share the numbers based on the experience so far. There's so much talk about how high prices have gone and how har...
The property in question is $55k, and I recently did NOT get approved for a loan and was really really surprised. I was looking for a quote with 20% down as an investment property, and they shot me down despite ha...
Hey everyone!My name is Brent Thompson and I’m new to the Bigger Pockets forum. I’m just beginning my journey into real estate investing, specifically rental property. Starkville is a college town so the rental market...
Hello, I'm yet to make my first investment. I'm looking at a house the is 3 bed, 2bath and is estimated at $130,000. The own tried to sell the house but was unsuccessful. A huge part of that was do to the real estate ...
how do i determine FMV of a duplex?
Hey everyone, I'm a first time home buyer under contract for a duplex which I'll live in and rent the other side. I just got the inspection report today and I'm wondering what you would have the seller fix before we c...
Hey all. Joined BP last week and excited to start using all the resources the site has to offer to help out with my first rental property. Given my income doesn't support the purchase of real estate in Manhattan I'm l...
Waiting to learn more, but this is what I know:
--11K SF REO class B office building in a great location
--25 years old, estimate $60K in deferred maintenance
--Vacant
--Current comp rents--$12-$15/SF -- Was $15-20 ...