Alonso Fernandez Maldonado
Is wholesaling a good way to start investing???
As some of you may know from my previous posts, I'm really interested in investing in rental properties. However, I'm still in college so I only have a couple of grand to work with. After talking to a few people I rea...
James Bradin
Refinance Small Multifamily Questions
Hey BP!I am currently trying to refinance one of my properties to hopefully pull out some of the cash I used on the downpayment/ rehab. I have owned the property for 2 years, I have done about $33,500 worth of rehab ...
Ryan Campbell
Overwhelmed from maryland
My name is ryan and I live in Maryland between DC and Baltimore. I spent 15 years as a contractor and am now a carpenter by trade, so I am well versed in all phases of remodeling and managing rehabs. I hope this wil...
Christopher Eckstorm
Seller financing for portfolio deal
Hello all,So was looking through listings and found a duplex that seems good upfront and inquired further about it. After discussion was told owner was interested in working with investors and has more duplexes for a ...
Jennie W.
Fees to broker for leasing office space
We are considering purchasing an office space. We have multi family units - so this is new for us. A local commercial real estate agent charges 6% of the total 36 month lease. This is a brand new unit. Does this seem ...
Paul Birkett
Short Sharp Shock? Not so much.....
Mortgage Update: Outlook is not good.The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My coffee shop typically turns about $1,000/day. As of 15 minutes ago, Carlos had t...
Mo Karney
76-unit building Diary
So, this is one of my first LARGE out of state deals. I'm based out of NE but the problem is that class C properties have been trading at sub 6.5% cap and north of $65,000/door which is insane. These same buildings we...
Austin Woyshnar
First time house hacker in PA
Hi everyone,
My name is Austin and I am a 22 year old structural engineer. I am a first time home buyer looking to house hack in the Scranton/Dunmore PA area. I'm looking for a 3-4 bedroom single unit, and I plan on ...
Matt Hendrickson
COVID19 - Is it considered Force Majeure?
I have a few rentals in college towns. As everyone knows, colleges have been closed due to COVID19. I have college tenants who are wanting out of their contract due to counting the Coronavirus as an “act of God” (ther...
Iris Schneeberger
Refinance vs Heloc for rental properties
Hello, any input is appreciated. HElOC vs Refinance? my mom has a house that has about 100k in equity. parents want to move to a smaller house and are thinking of selling the house to pay for a fixer upper cash to liv...