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I'm looking at a 3 family that is asking $197,500 and the assessed value is $248,500. Does this mean that I can purchase this property and then refinance and walk away with money right away? Or would I have to make th...
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Ok so here is the deal I am working on. 5.75 % interest rate on an apartment complex that is currently 90% occupied and has a great manager and maintenance staff. He wants me to put down $300,000 and take over his p...
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Hi Everyone ,I'm looking for some advice on making the best decision overall. My primary residence right now is worth $170k on a 50k loan. Im in the process of closing on an equity line of credit for $90k , which im ...
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I’m in a situation where I have a 1960 100,000 sq foot commercial property and it’s in need for a huge repair. So my question is do I keep the building or sell and go into a reit?
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I am in the the last stage of Refinancing a BRRR purchase. The appraisal came out to be less than I wanted ($110,000 compared to $130,000 I was expecting). Few of the appraiser's comps were different from mine. Has an...
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I am a little confused about an issue. My lawyer told me to put my assets under the LLC and Tax ID number how do I do this if I get a traditional mortgage loan to finance a rental property in my name and social? I am...
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Hello BiggerPockets fam!I’ve been following the podcast for a while now and decided to turn my life around because well honestly I’ve realized if I keep living the way I’m living, the life I want will never be possibl...
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I am looking at an empty big box store in a shopping center to put climate controlled self storage in. Zoning allows it. It has a large enough sf that it should pencil out (napkin math says its at least worth doing nu...
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Just purchased my first duplex, a house hack via FHA loan. I really like the house I'm renting and I knew that the landlord was mulling over selling it, so I asked him if he would be interested in financing it to me. ...
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Hello BP community! I am excited to venture back into the RE investor marketplace. I spent some time investing with my father in the Georgia market, but never took the plunge myself. I am looking to focus on flippin...