I'm new to BP and last week had my offer accepted on a 3-family house in Irvington, NJ. I I calculated a $4,800 monthly income (3/1,3/1,2/1) with $2934 in expenses (including P&I) and with a cash flow of $1864. ...
I’m looking at a 16 unit deal in the Bridgeton MO, area. The numbers are good, the seller will finance with agreeable terms, and I walked each unit and entire property with my property manager and contractor. Everyt...
Hello AllI would like to find/connect/network with good multi – family (apartment building) broker in Maryland / Pennsylvania.I became of member of couple of RIEA meet ups and planning to join different sessions to bu...
My husband's aunt is in her 80s, and is the last surviving heir to her father's property (a little over 3 acres). She's asking my husband to do something with the land and we don't know where to begin.
Dear BP Colleagues,I am a new investor, looking to venture for the first time in multi-family - what are the things to look out when you are new to the game and starting out. (1). since I am looking for rentals - woul...
Hello BP members!My brother qualifies for the coveted VA loan and we've learned that he can purchase up to a 4-plex as long as he occupies one of the units for 6 months. Does anyone have any experience with this, and...
I am newbie looking to buy my first two family unit in New Jersey. I am looking to send out letters to Absentee owners. I would need bank financing or lender financing to buy the house. I am not a cash buyer.Would so...
My parents are looking to sell one of their properties and invest with me in future acquisitions. I suggested a 1031 exchange, so that they are not taxed. However, they want the new property to be in my name. Is it po...
I’m looking to network with property owners of Multi-Family in the North West suburbs. Places like Arlington Heights, Mount Prospect, Des Plaines, Palatine, Prospect Heights. If like me you are looking for 5+ units i...
Hi everyone - I'm looking to purchase a small multi-family property in the Minneapolis-St Paul area and am wondering if anyone has recommendations for a real estate agent/company that specializes in multi-family prope...