Diem Tran
cost of renovating multifamily
Hi,I'm guessing the best way to get the cost of renovations in apartments is to get quotes from several contractors. But of course, you will need access to the property, or be in due diligence, etc, etc. But what if...
Francesco Labbate
Investors in Miami, Florida
Hi all, my name is Francesco, I am an Italian lawyer, currently investing in Miami and south florida area.I have been doing this for me and for some investors and friends since 2012, and I am planning to extend the op...
Belinda Lopez
How to explain "wholesaling" to Real Estate Agents
I just left the office of a broker, I know well and who has been an agent over 20 years. She says she had never heard of "wholesaling" and didn't understand how I could market a property "I didn't own". This came up...
Jason Reynolds
2-unit Buy and Hold in Allentown, PA
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Allentown,PA.
2 units
3 bd/1ba & 1 bd/1 ba
Purchase price: $136,000 with 2% seller assistCash invested: roughly $40,000 to close, th...
Gary Myers
Bank loan offer. How do I read this??
Background: I own 7 properties, total 24 doors. Current loans are a jumble of 4.25-5%, 5-10 years balloons. Total outstanding mortgage balances: $498,000I approached my lender (Local credit union) looking to refinance...
Aaron Davis
Our road to 8 unit apartments with no money down
I'm under no illusions that you know who I am. I've been on Bigger Pockets for a couple of years now but never very active. Here's part of our story including live-in flips, a take-over, and a no money down apartment ...
Laura R.
"Blanket loans" for SFR buy/hold'ers?
Along the same lines-- we're facing the same Fan/Fred limits...does anyone have any thoughts on how we might either roll our current mortgages up into one loan, or, how we might get a larger, fixed term, fixed rate lo...
Alex Balan
Florida Investing
Hi everyone. I am looking into investing in real estate and, since I live in SW Florida, I would like to invest in Florida. I think that I would prefer to go the buy and hold route. My question is, what areas of Flori...
Adam Scheetz
4% Rule Duplex!! Tons of equity!! No way, right??
Greetings All,I've been crunching these numbers and running different scenarios to exhaustion. As crazy as the margins are, it still seems like a good buy. Lots of work is needed, but the spread leaves tons of room to...
Account Closed
Will refinancing 3 SFH next year at the same time be beneficial?
TLDR; Will refinancing 3 SFH homes at the same time give me negotiating power to get better rates/lower fees?
Background: We bought SFH1 in 2015 with 3.5% down on a 15 year mortgage. Then we rented it out and bought ...