Rick Park
Purposely overpay for seller-financed rental?
Duplex next to good college that rents 8 rooms to varsity athletes. since 2007 there have been no vacancies and no serious issues with tennants. Year lease, quarterly collection. house was purchased for $170,000 in 20...
Chase Romine
FHA for a 4 plex!! Advice?
I’m currently saving up cash(almost have 10k) and am going to use a FHA loan to purchase a 4 plex. Now I understand running numbers and all but when it comes to having a handy man and roof guy to come out and help ins...
Charles O Peters
What's the Best Multifamily Program out there?
To clarify, I'd consider myself to be experienced (I've bought and sold 4 apartment complexes and currently own 7 complexes in 5 different states - FL, AL, GA, NC, and IL), so I've kind of outgrown my local REIA's. ...
Mathew Allen
Newbie From New York, Living in Boston
Hi everyone! I am new to the BP community. I have been online for about a year and intune with the podcasts and books, but have never made a formal introduction here in the forums. I am 24 years old, from Long Island,...
Luke Reid
BRRR Financing for Beginners
I am just getting started in Statesville,NC and my question is, will banks lend primarily a FHA loan on a property that needs work? I am trying to do the BRRR method. I have not raised any private capital because i ha...
Nathan Lenahan
Private Money for a Multifamily Down Payment?
Hey there BP!! Has anyone had luck using private money for a down payment on a property? I'm in north Texas (DFW) area and am trying to figure out my options to raise the cash to close on a deal.Here is my situation:...
Yang Zheng
Recession in the middle of BRRRR?
BP Community: If an investor is on a short-term, high interest rate loan that helped to acquire and rehab a property, what happens if a recession hits before the property is seasoned and refinanced?
Derek Mckenzie
$15,000 at the starting line (NC)
Just came across this app/group and became aware of BRRR. Just getting started and without enough cash capital to start buying homes out of pocket, does anyone have any tips on partnering up with other people to grow ...
Cassidy Burns
32 Unit Apartment Complex Purchase! Value Add
Investment Info:
Large multi-family (5+ units) buy & hold investment in White Sulphur Springs.
Purchase price: $550,000
Cash invested: $50,000
32 Unit Apartment Complex 1 Mile from Greenbrier Res...
Ryan Moyer
High end (and high price) for first property?
I am getting started in real estate investing. Have been doing lots of reading, running lots of numbers, but this would be my first actual investment property.There is an up and coming area not far from me that it gr...