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Greetings All,I have a 4 unit building under contract and have called a dozen or so banks all of which are only offering adjustable rate mortgages. I will not be occupying the property. I was under the impression an...
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What do you think of this deal & why?
I think I did okay. Have a quote to f...
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Hi All,Long time reader, first real post. Just a bit of background, I am 28 living in a large metro area in Massachusetts. I bought my first investment property at 22. This was a 2-family in a great neighborhood which...
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I'm interested in 2 Four-Plexes but after running all the numbers for rental income (all units are at fair market value) and deducting all expenses (incl. Utilities, maint., cap repl., ins., vacancy, etc) due to my me...
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I have been thinking about this question for the last 5-6 months, and everyday, both positive and negative thoughts come into my head about the future of Hudson County. I am honestly a very optimistic person and I sti...
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Hey everybody,I've been lurking on BP for a few weeks and am addicted to the podcast. I've also been hitting the webinars every week since I signed up.Here's the deal- My wife and I have good jobs working for her fami...
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Excited to have found this forum! I’m an architect in Chicago looking to get on my feet on the development/ownership side of the industry. Ultimately my goal is to work as an “Architect-as-Developer”. It’s frustrat...
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I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...
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Hi everyone, I am faced with a problem I'm hoping some people on BiggerPockets can help me with.I'm looking to buy a 6 family property in my area that is going to be foreclosed on for unpaid taxes. I've negotiated wit...
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Hi, I own several multifamily residential rental properties in the less economically stable areas of MA and RI.Is there a typical behavior for residential housing at times of economical crisis?Should I expect to lose ...