Hey there BP,So I'm looking around at expanding my portfolio into some out of state rentals, mostly because my home market is really hot right now and pricing is through the roof, depressing cap rates to unacceptable ...
Hi biggerpockets!This is my first post, so I'd like to introduce myself a little. My name is Akash and I graduated college 4 months ago as a chemical engineer from UCSD. I've been employed for about 3 months and rec...
Hello,We have been looking for a program(s) to help out with both the accounting side of our rental property business and also the 'management side of things'. If we could find this all in one program that is easy ...
Hi guys, my name is Tyler Evans from Atlanta, GA, I guess you can call me a long time/part time lurker. I’ve done tons of research on real estate investing, read all the books, listen to the BP Podcast weekly, etc., y...
Investment Info:
Large multi-family (5+ units) fix & flip investment.
Purchase price: $750,000
Cash invested: $400,000
Sale price: $1,705,000
Purchased 8 unit townhouse style apartment comple...
Hi all, This one is for the flippers out there. Buying a property that needs 4-6 months of rehab, with a mortgage or hard money loan that requires monthly payments, how would you make the payments on the loan while th...
Hello Bigger Pockets people! I am a developer/real estate investor that operates predominately in the Chicago Suburbs. My partners and I are currently focusing on fix and flips, new construction spec homes, and custom...
Hi All,I just had an offer accepted on a SFH in Charlotte. What I liked about this property aside from the deal economics of the existing home, is there is a very large lot and there is enough room to build another h...
Can anyone point me to a narrative that explains exactly how a FHA 203k loan works? Is the process flowcharted out anywhere? How much repair can be financed? Do you make IO payments during construction? etc.
Thank...
Found a great flip property with lots of potential 2 hours away from my living area. After running the numbers and a discussion with my mentor, decided to do a walk-through to see the property. All look as expected pr...