Erik Dofelmier
Buy or Build Duplex
Looking for advice. We currently own about a 1/2 acre lot here in SC. Would it be better to build a duplex to rent out, or sell the land and hope to 1031 exchange if for a multi-family property if and when one comes a...
Al Turner
Funding Strategy
While knowing that commercial property is evaluated on its income making potential, I seem to have missed a step.
I am in the market to purchase a MF in Chicago and finally found a lender offering a loan at...
Pat Jackson
Does anyone agree to give their general contractor a bonus?
For work that is completed early or above satisfaction in some other manner? Automatically this doesn't seem like a great idea, and I don't think I'd do so the first few times I worked with someone.I'm trying to esta...
Danielle Spears
Can I still do this deal? Newbie Wholesaler
Hey guys, So I found a great deal on Craigslist. A fire damaged home selling for $12K. The comps around the home are $50-65K. Im thinking I can wholesale the house for $25K figuring in ARV. Not a bad deal right? I'm h...
Jessie Harrison
Consolidating Duplex to one unit or Keep as two units
New to BP and first time post. I have purchased a rental property that includes a 2,000 sqft SFH and a stacked duplex (both units are 860 sqft - top floor is a 2/2 and bottom floor is a 1/1). The bottom floor of the...
Dallas Kidd
Reasons why you should not partner with a contractor?
Happy Tuesday My BP Family. I was reading through different post and I heard a few people saying that you should never partner with a Contractor. Me being a Contractor and Investor. I toom offense to that. It kind of ...
Daniel Oluwaniyi
Buying first property during COVID
Hi BP!
So I've decided to make the jump and buy my first real estate property. Since its my first property, I naturally have blindspots and I'd thought I'll reach out to the community for help. Found this property th...
Dustin Ruhl
New Finance of America To Serve Residential REI
The national lender, Finance of America, has created a new side for those who invest in residential real estate. It is called Finance of America Commercial, and with rental units and the opportunities to flip houses b...
Erik Timmermans
Should I stay or should I go
I need your experienced input on a duplex I am trying to close on and would like to add to my portfolio as an "buy and hold" property.The asking price for the duplex is 110k and the duplex needs about 15k in renovatio...
David Alonzo
Buy less with cash or more with financing?
Hi fellow BiggerPockets friends,
I’d like your opinion. If I have the means to either buy two (local) single family properties or finance more and sacrifice cash flow. What should I do?
Thanks!