I am looking to buy and hold a SFR in neighborhood of $60-$80K with CAP rates of 9%+. Philly interests me because it offers those numbers and it's only 2 hours drive from me (I live in DC). However, I am hearing mixe...
Hi again :)
Here is my original thread about the property I'd like to discuss:
http://forums.biggerpockets.com/viewtopic.php?t=10328
We now have a purchase offer in on this property, and must make an application wi...
Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...
I have a home i bought and nearly finished rehab. Started doing my paperwork to do a cash out refinance and back says i have to treat this as a HOME EQUITY loan. It still is a 80%ltv but max is 20year. They said i nee...
I have a property that’s a 4 bedroom 3 1/2 bathroom sitting on 4100 sqft. We got the property under market value and the ARV is $355,000 and is a class A property with 3000-5000 dollars worth of repairs and have it li...
Hello to the BP community!
I'm O'brian, 29 years old, and new to the real estate investing world. I'm living in Los Angeles where I work full-time as an aerospace engineer. I came across BiggerPockets throu...
This deal started in July 2016 and required a lot of moving parts. Here is the back story on the property in question. The previous owner purchased the property for $132K in 2005. He had some financial problems dur...
I just read an article by Brandon Turner about how to start investing at a young age. Loved it! Total motivation booster!
First flip was a live-in flip which is exactly what I want to do for my first inve...
I made an offer on a MF short sale in PA - was a solid offer, at least 85%+ of appraised value. 2 months later the bank finally reviewed it and verbally advised my agent that they would be accepting the offer. We have...
I recently bought a house without an inspection. It was bank owned and quite a mess—evidently the occupants had to be evicted. 1250 square feet 3-2-2 with half the popcorn removed from the den cathedral ceiling, ...