This is probably the most confusing aspect of multifamily for me and everywhere I look I seem to find different answers. How would I structure my first deal between two other friends and I? I would be the one fin...
Hello group, this was something that was on my mind. When you started how did you know you were positioned correctly to jump into RE investing.. What does that position look like?
Buy my first house with a 100% financed mortgage loan from my bank?
OR
Use the mortgage loan which would be 90% financed from my bank to buy a multi family unit? and then eventually get my very own home.
Why or why...
hello new (first message) hope i'm posting in the correct place, apologies if not.So here's my situation...I'm 35 (only child/no kids, renter, total debt 60K -primary student loans, good job in tech) I have small fami...
I just purchased a fully rented triplex. It has a shared boiler and shared water heaters. The seller added a little bit to each lease, but not nearly enough and the rent is already under market. The families in the u...
Some of you that have read my posts may know my style of managing tenants. I am supper selective in screening tenants and strict with enforcement of rules. I have no loyalty to substandard tenants and believe they sho...
I’m under contract on a 7 unit apartment complex and seller will not provide leases or any form of financial documentation validating the property’s monthly cash flow. His agent says the seller is willing to meet with...
Hey BP, I've seen people say that you should show your property after a tenant application and I've see people say you should show your property before the tenant actually applies.What is the most advisable way to go?...
I consider myself to be pretty savvy and, thus far, have been able to spot and avoid being scammed. However, recently in my pursuit for private money there has come an offer that has me a little unsure of proceeding....
For all my Wilmington, NC and Fayetteville NC peeps,I have decided to start posting more on the forms. I have never been a big player in social media but I want to inspire people to go ahead and jump into real estate!...