Hi AllI wanted to get some thoughts on a Duplex I may be purchasing. FYI-This will be a purchase to begin my acquiring of properties in Madison. The reason why is we are moving there after I retire from the military...
Ok I'll make this short as possible... I owe 30k on my house. I have 20k cash for a pay off in addition to 10k in savings. I'm thinking of doing a 10k personal loan and using the 20k pay off fund to pay the mortgage o...
Hi BP,So here's my situation: I have a rental property that cash flows well and now has a nice chunk of equity (thanks to appreciation). I'd like to do the BRRR strategy and do a cash out refinance so I can use the mo...
Had a meeting with a guy selling 44 unit apartment in a small town. Numbers are good. 10% cap rate. But it’s a mom and pop ran place. His books were with a pen and pad. And looked like he did them that day of our meet...
Hello all,New to the group and relatively new to the ideas found here. That said, I would like to get some input for those more seasoned about my situation. I bought a small 3/1 home in 2015 for $65,000. I fixed it up...
I'm considering making an offer on a 100% occupied fourplex in a class b neighborhood. (2) 2 BR and (2) 1 BR. I'm in commercial real estate so SFH and residential in general is a bit outside my comfort zone. Current a...
I currently have a mortgage of 110k on property worth 200k. I originally bought the house for 150k and would like to do a cash out refinance to get the 40k I put down for reinvestment. The problem is with my credit o...
My partners and I purchased a foreclosed property a few months ago. This is our first purchase. We rehabbed the property and now have a good tenant making good cash flow.The problem is we are trying to use the BRRRR m...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Gainesville.
Purchase price: $257,500
Cash invested: $103,000
This project was a bear. Originally the property did not app...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Gainesville.
Purchase price: $257,500
Cash invested: $103,000
This project was a bear. Originally the property did not app...