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We bought a property for 70 k. and rehab for 15k. So total in was 80k We then hired our own appraiser who appraised it for 120k. We then went to the Bank for a cash out refi , they appraised it for 85k. What should w...
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Hello BP community :) I have been eager to start my real estate investing career for a few years now and am now looking to purchase my first home. I live in palm beach county Florida and I want to house hack in order ...
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Hey everyone! My name is Josh Biondi. I'm 29 years old and I was born and raised in Columbus, Ohio. I've always been interested in real estate, but just this last year decided to take the plunge so to speak. I current...
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Hello. I am currently searching for my first investment property in Charlottesville, Virginia. I chose this area because I am very familiar with it and the rental market is good due to UVA/UVA hospital. I also have a ...
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View reportHi everyone. I've found a duplex that looks like solid numbers / a good purchase to me. (Pl. see attached report). Seller's asking 399k, I ran the report at 390k purchase price. I'd be grateful for your...
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Does anyone have a list of exit strategies that would work for multi-family properties in either a "lease option" deal or a "subject to" deal (subject to their existing financing)? Thanks, Mike
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Well I went to look at a property today. Here are the stats:
1971 built
1640 sqft
4/1.5
Needs: roof/soffit, windows, flooring and paint throughout, appliances, light landscaping, junk removal, repair ceilings in two ...
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Hi everyone. I’m eager to find some help and support here. I have a 9 unit multi family rental property in lower Queen Anne, close to Space Needle. 100 year old building, but all the units are recently updated. There’...
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I have a tenant in that hasn't paid rent in Feb and March. His lease ended at the end of March but is still in the house. Property management has obvious been ineffective and I am not local. Any advice in what to do? ...
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Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...