All Forum Posts by: Matthew Murphy
Matthew Murphy has started 2 posts and replied 215 times.
Post: New BP member from OKC!
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome aboard. Best of luck!
Post: New member intro- Kodie Altvater
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome to BP. As a new investor, using this mortgage for a multi family and house hacking may be a good option for you. Best of luck!
Post: New member
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome aboard. BP is simply the best place to learn about real estate!
Post: 3 Fix & Flip Analysis Per Day
- Investor
- Rochester, WA
- Posts 221
- Votes 30
I agree if you find one that meets your criteria take the next step.
Post: Rookie investor in Dayton Ohio
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome to Bigger Pockets. Glad to have you aboard. Be sure to set up some keyword alerts for your area. Best of luck!
Post: Apartment Investor in Washington
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome to BP. REAPS (Real Estate Association of Puget Sound) has monthly meetings be sure to check that out. Best of luck!
Post: Getting started in Arkansas
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Welcome Kris. Sounds like your making some solid connections already. Best of luck!
Post: Rehab Journal: Single Family Ranch in Bloomfield CT
- Investor
- Rochester, WA
- Posts 221
- Votes 30
Sounds like a solid deal. Congrats. Keep us updated!
Post: 4 Plex deal - worst case scenario total rehab
- Investor
- Rochester, WA
- Posts 221
- Votes 30
I did a 4plex a few years ago and we came in right about $7500 a unit. We did 90% of the work ourselves and that also included new windows, new decks and stairs. They were 2 bd 1 bth, I figured we saved close to 20k in labor costs.
Post: Success Stories
- Investor
- Rochester, WA
- Posts 221
- Votes 30
I was looking for a flip but instead found a 4plex that needed work, used a HML and refinanced at 4.25 on 30yrs. I have owned it 4 years now, it has doubled in value and cash flows $250 a door. Best purchase to date! It was hard, took longer to rehab then I expected. I was still holding my W2 job. But it turned out great and I couldn't be happier!