$4 million for 54 unit mobile home park at a 6.45% cap rate, anticipated to increase to a 7.04% cap rate within the next year.
NOI: $257,000
Current Loan: 2,600,000 at 4.90% principal & interest amortized over ...
I am looking into buying a 4plex as my first investment property. Is it a good idea or should I buy a single family house to start with? In order to have a positive cash flow, only half hour drive distance and a safe ...
Looking at a market that could be considered dysfunctional because of the property tax rate being so high. Realtors are saying that it is essentially frozen because nobody wants to pay more than the assessed value bec...
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I am sure that the answer is “it depends.” But, two friends and I want to start buying and renting out multi family homes. I do not currently have a mortgage, but both of my friends do. Would it be better for me to ap...
Can’t really find an answer for this and I hope it makes sense but when applying for a FHA loan assuming you are approved, do you have to pay more for the P&I since your down payment is so low (3.5% or 5%DP) or do...
I am new to investing and haven't done any deals so far but I would like to start offering as quick as I can. I am In the process of selecting a hard money lender and trying to get pre-approved but I do not want to g...
Hey Biggerpockets,So I have been actively looking and analyzing deals for awhile now and think I may have found one worth going for. This will be my first deal and wanted to see what some more experienced investors th...
View report*This link comes directly from our calculators, based on information input by the member who posted.
View report*This link comes directly from our calculators, based on information input by the member who posted.