Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $62,500
Cash invested: $54,000
3 unit, all two bedrooms, one bath.
This building had a fire and the 1st and...
I’ve heard on multiple podcasts about the 203k loan that you’re able to either defer or roll the payments into your mortgage while the work was being completed for up to 6 months to prevent people from having to pay r...
I'm looking at purchasing a portfolio of 3 single family homes for 300k in the midwest. Cap rate 9%. Numbers seem fairly good after analyzing rent roll. 2 of the houses are in B neighborhood. One home is in C neighbor...
Los Angeles CA Non RSO units. New landlord with current tenants. MTM rental agreement current tenants neglect to sign. What can I do?
Good morning everyone at BP! I know we have all seen multiple ways to analyze a deal and run numbers to determine what is a good/bad deal. But what are some of the BEST ways to analyze a deal? I currently use the Bigg...
We sold our house back in September (we had a contract for asking price in two days). We moved into a smaller house that we’ve been renting out for the last decade. We are sitting in a good position because we are liv...
My name is David. I'm new at real estate. When I say new, I mean newborn baby new. However, I am not lacking the desire, passion, focus, or dedication to be GREAT. I currently work as a truck driver. I try to learn as...
I'm having a hard time finding options for financing a construction project in an existing home. This is a M1/Mixed use property currently used as a single family home. My town has allowed me to add 3 more units to th...
Hi there BP Fellas just introducing my self here, I’m from St Paul Minnesota and as many here trying to get in real state. I own a Painting bussines and since I’m here I would like to throw 2 Questions.
1. Do you pay...
Seller has 3BR 1 BA with no garage. house been sitting on CL for maybe 6 months. He wants $45,000. He paid $28,000 in 2005. Rent in the area is $750. after doing some stuff house is probably worth $40,000 (add bat...