Christopher Malone
What does your Buy and Hold "Good Deal" look like?
I recently posted what my idea of a "Good" buy and hold deal looks like. "$100.00 per door cash flow after all expenses are covered, is what I would consider a great deal (@Brandon Turner ). To add to this strategy, ...
Humberto Garcia
Should I buy this 4plex? $94,000
I have the option of buying a 4plex at 94,000 (Cash) that's generating 1,460 a month and 17,520 gross yearly. They all are occupied at 365 a month and are paying there own utilities. My NOI would be 13,156 and I got t...
Matt Rothwell
Private Money Deal Structuring?
I’m finally almost done with the updates that I wanted to do on the duplex I bought last fall, which means that it’s about time for me to start shopping for new deals. I’d prefer not to move and take another FHA loan...
Account Closed
Do I understand the flipping process correctly?
Hello all!I've been scouring the forums recently and I would like to get started in investment with a 'fix and flip' strategy. That way I can build equity to do SFR buy and holds later on. The first step I would take ...
Account Closed
My First Property Flip 16 months later
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
Tia Ricketts
Referrals for DSCR or CASH OUT REFI Lenders in Pittsburgh area•OUT OF STATE INVESTOR
I have a fully rehabbed property in the Penn Hills area that I am trying to get a cash out refinance for. Asking $75k, expected appraised value is ~ $170k.The house is currently rented for 1800 a month on section 8 so...
David C.
Experiences with Multifamily Brokers...
Fellow BP-ers,
I have a good network of single family home brokers and am currently assembling a group of multifamily brokers to work with in my area. I have found that the multifamily brokers that I have come acros...
Brian O.
Questions on 1031 exchange
Hello All,
In Nov 2011 I purchased a empty lot in a high end neighborhood for 175k.
I am in process of selling the lot (bidding war going on now) I have 4 offers at 260k so I will have a solid ROI on this deal. I...
Account Closed
I wasn't gonna tell anyone, but I closed on my 2nd duplex today.
I closed on my second rental property, another duplex, today. It was a listed property, paid for in cash. This is also my first partnership, with my significant other and also RE agent. I paid 80% (from a LOC on my...
Hansel Gunawan
Convince me! Why should I invest in Columbus, OH?
Hey, I'm planning to invest my first ever investment property. People told me to invest in Columbus, OH. Can anyone convince me why should I start looking & investing in that area? Thanks!