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13 January 2025 | 8 replies
Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.
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7 February 2025 | 25 replies
I am a commercial real estate broker with an 81 unit portfolio for sale in Richmond, VA.
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7 January 2025 | 4 replies
.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean?
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18 January 2025 | 13 replies
The profile of seller who uses a wholesaler is commonly anti-broker.
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24 January 2025 | 17 replies
The buyer may pay off the remaining balance at any time without penalty.2.Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.Loan Security: The property will serve as collateral for the seller-financed loan.A 24 month balloon payment is a deal killer.Put your numbers in front of a mortgage broker and see if they will even do the deal.
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4 February 2025 | 87 replies
VG is the exact same thought process of why investors buy Turn key rentals through turnkey brokers or turnkey companies..
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18 January 2025 | 17 replies
It’s like becoming a landlord and real estate broker investor on training wheels.
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10 January 2025 | 23 replies
Credit Union, Brokers, Banks (all have different advantage & disadvantages).
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8 January 2025 | 5 replies
So, working hourly for successful RE broker or a PMC will be your best opportunities.
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13 January 2025 | 11 replies
There are some lenders that brokers can work with that also get down to Prime (7.5% as of today).