I have a deal where the owner of two SFH's wants to sell but both homes are on the same lot. Is one considered a guest home and how do you appraise the value of each?
I am about to put together a competitive offer for a multifamily around $400k in college town with over 9% cap rate, however so far I do not have a buyer's agent at this point. The agent admitted that she gets 6 for r...
I am a young student (21 to be exact) looking to invest in real estate. I work part-time, and the income just isn't enough to support myself. After rent and all my other bills, I am left with literally pennies every p...
First time poster on Biggerpockets!An 88 year old friend of mine owns 1.47 acres of very prime land located on a busy retail corner. She has owned it for 50 years. She does not want to sell it, but lease it. She would...
BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
Hey guys, I plan on doing the BRRRR method, and trying to figure out a cash refi strategy that will work for my situation. First a rundown on some of the numbers I'm working with and my financial situation:$150k cash ...
Background: My first deal and it's been a bear to say the least. The deal itself was solid, but the business partner has been a pure headache. This deal has been a massive lesson (among countless others) for perfor...
Hey all!I'm looking for some opinions regarding buying a duplex to househack. I have a property thats on mls I made in mind. I want to purchase with a FHA loan so I will have PMI. With this property the owner pays all...
I recently purchased a home where the owner had to evict tenant. The tenant showed her true colors throughout this lengthy process. We finally closed and have started rennovations in the home. Oddly everytime I go do ...
Question for you 1031 experienced investors. I own 3 rental properties (duplexes) which I would like to 1031 into 1 larger purchase (12 plex). Can it be done or is it a 1 property for 1 property deal? Thanks for any a...