Tim Melin
Thoughts on DSCR Loans
15 September 2024 | 38 replies
There is a lot of uncertainty in the market for institutional capital, which funds a lot of these types of loans.
Zachary Wurtz
Hard Money Lender Question
16 September 2024 | 16 replies
(outside of going after your personal assets) Banks and financial institutions are too smart to be putting themselves in this type of scenario.
Ivana Ivanovic
Help me figure out if I am crazy or...
18 September 2024 | 35 replies
I've worked in institutional single family acquisitions for a few years and have rarely had good experiences with turnkey investors.
Nicholas Jose
My New Landlord Transition Letter - please critique!
14 September 2024 | 19 replies
Your current Lease and payment terms are recognized until [DATE]; however, moving forward, please send all payments, maintenance requests, and correspondence to the address listed at the top of this letter.If you are currently using an automatic draft, cash deposit, or other form of payment to pay for your residency, please contact your financial institution immediately so as to avoid any late fees and/or eviction notices.I have included with this letter a Tenant Update Form for you to fill out.
Daniel Mortigo Espinel
Is this a good mortgage evaluation?
12 September 2024 | 9 replies
Hi, I got in contact with a mortgage agent from Royal Credit Union, they helped me run some numbers and gave me this as an estimate.Is this a good rate?
Sharon Tzib
Houston Housing Stats August, 2024
13 September 2024 | 1 reply
Also, at what point do institutional buyers re-enter the market aggressively.
Andrew L.
Getting The Band Back Together
10 September 2024 | 2 replies
I am an investor based in Fairfield County, CT and just rejoined BP after many years away.From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) sold all to focus on institutional real estate and private equity.Since selling off, I got an MS degree in real estate and participated in most asset classes institutionally ($10-250mm+) with a focus on SF & MF.
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
You can close in the business name/LLC here.You are not required to have your investment property in the business name, however, some lenders and bank may require it if they are a purely business purpose, lending institution who servicing companies, mandate commercial purpose only.And yes, finally you can get landlord insurance.I recommend shopping around and comparing a few quotes to get started happy to connect to talk further strategy and detail.
Casey Johnson
Building my Own House, then using BRRRR
12 September 2024 | 6 replies
If you need to tap into equity before institutional options are available, i would turn to private money and see if someone is willing to lend you their idol funds or self directed IRA funds.
Sanjeev Advani
Individual Investors Begin Pullback, Slowing Commercial Real Estate Price Gains
10 September 2024 | 1 reply
Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.