We currently own 2 long term rental condos in Bradenton, FL free and clear, both occupied and managed by a PM. Rents are $895 and $995/mo and values are approximately $70,000 and $80,000. We would like to parlay thes...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $925,000
Cash invested: $92,500
This deal solidifies for me for everyone to purchase their first property as...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,275,000
Cash invested: $475,000
Sale price: $2,740,000
7 unit value add project. Original NOI upon pur...
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...
Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Hi All,Just got into the business and just got my first house rented. I have a 30 year loan I want to pay off in 15. I am wondering what strategies there are out there to do that. Is it possible to save say $200 a ...
Hi Everyone!I am looking at putting in an offer for my 1st rental home. It has 2 large units with 4 bedrooms in each unit. It is 85,000, taxes are super low. Rents are $700 in each unit currently. Does anyone have a r...
Hello, what are some fast ways to paying off a heloc or mortgage.
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $220,000
Cash invested: $237,000
Sale price: $715,000
This was a heck of a ride.
It was our first triple...
Possibly doing a 1031 exchange. Looking at purchasing two properties. Is it possible to get one mortgage for both properties if they are separate deals? Being a 1031 I would have to use 100% of proceeds towards more ...