Giancarlo Ameglio
HELP WITH MOBILE HOME PARK PURCHASE
Hello,I am analyzing a deal for a 5-unit mobile home park. It is going for $170k and it's generating $3000 in revenue. It has the potential for small improvements like designated parking areas and fenced patios. It a...
Luke Boff
Best way to finance first project
Good morning everyone. Over the past couple of weeks I have been reaching out to multiple different hard money lenders as well as conventional lenders. I am a new investor with about a year of real estate experience a...
Paul Dario Jr
Do lenders ever call on HELOC early for full payment
Hey all. I’ve secured a HELOC in order to finance my backyard ADU build. Already have plans drawn and getting ready to submit for permitting. But I’m getting a bit of cold feet regarding the HELOC. Assuming I draw $10...
George P.
offset rental income with rental loss ?
trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...
Robert Wiltshire
Looking at a Nearly Empty Park
BPers,Looking at a 44 unit park with about 40 park owned homes and 4 empty lots. Currently has 10 tenants that the owner keeps to cover the expenses. He owns it outright and removed all but those 10 tenants when he ...
Jeremy Anhalt
Nicotine - Normal Wear & Tear or Damage
I have a tenant moving out after residing in the apartment for 5 years. She is a heavy smoker and the nicotine is dripping off the blinds. Needless to say, all walls and ceilings will need to be primed and painted. Sh...
Bradley Penrod
$40000 saved to invest in rentals/right time or save more/wait
I have $40000 saved and want to get into the real estate investing game. However, my intuition is telling me that I should wait till I have $100000 saved then go for it which I can probably have by late fall of 2020. ...
Brittany Sanchez
Syndication or Partnership?
Greetings BP Community!There is a 21-unit apartment building that is for sale in my area. The owner is willing to do Seller Financing with $200,000 down. The problem is my husband and I don't have $200,000 cash (banks...
Pete M.
Looking for suggestions on where to find MFRs for cashflow in WA
Hi all,I'm an interested investor currently living in the greater Seattle area. With the Seattle market as it is, I'm looking for the suggestions on where to hone my searches for multi-family properties for cash flow...
Jocelyn Canfield
short sale with owner/agent acting as agent??
I am looking at several investment properties owned by an agent who is overleveraged, upside down and divesting, but he is acting as agent for the properties... I believe ahead of getting the go ahead to do so from t...