I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
To those who have read my other post regarding this gentleman, here is a bit more elaboration. To preface this synopsis, though, let's be clear that many many mistakes were made on all our (investors') end, so for ...
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
We bought a duplex last January & inherited a tenant. It’s a duplex lot but has 2 houses on it. I’ve had nothing but trouble with this tenant. They pay their rent on time. When purchasing the property, there was n...
I am a beginner looking to buy my first single family rental for cash flow, but my local area of western Oregon has higher prices and potentially lower cash flow. I am interested in out of state investing, but seems l...
Hey there everyone,
I took a hard hit during the housing downturn and now I'm finally ready to begin investing again. After listening to many people online talk about lease option assignments and sandwich lea...
Hello BP,Has anyone found a service that is friendly to MH investors with regards to having seller financing set up to pass DF/SAFE Act scrutiny? This would apply not only to those who want to by and resell with finan...
HelloNew to hear so perhaps this is one thats been answered a lot.We will be closing on our 3rd rental property in a few weeks. - 1 SFH that was our original primary that the mortgage is underwater on so we kept and r...
Hey Members,Hopefully everyone is having a great weekend. I'm looking for some feedback from investors, agents or other real estate professional in the Chicagoland area. My wife and I met with a real estate agent i...
Hello BP community! I am an aspiring real estate investor currently living in Denver, CO and working in finance. In a few months I will be relocating to San Diego with my girlfriend. We aren’t at the point in our rela...