Sanjeev Advani
Macy's Sees Strong Demand for Real Estate Amid Department Store Decline
28 August 2024 | 0 replies
While overall sales are down, Macy's is seeing positive results in its targeted investment stores, which are outperforming the broader chain.The demand for Macy's real estate could signal opportunities for other struggling department store chains.
Brianna Buscemi
Townhome rental or multi?
3 September 2024 | 9 replies
A 2-4 unit is going to cash flow much better after you depart, which will help you qualify for properties in the future.
Jason Eisert
Advice Needed: Selling a One-of-a-Kind Estate in Kailua Kona, Hawaii
1 September 2024 | 1 reply
This home has been described by building department officials as the largest residential home on the Big Island, featuring an impressive 100-foot pool.I purchased the property in 2021 when it was in a severely dilapidated state.
Account Closed
Short Sale Flipper
31 August 2024 | 0 replies
The Short Sale was kicked off to the FHA Short Sale department and we had to start again.
Jessica Coté
Good to be Green
1 September 2024 | 7 replies
I've done a few Level 2 Alterations (Chapter 7) in southern Wake County and would recommend that you talk to your local planning and zoning department before jumping in, regardless of where you are (Wake, Harnett, Johnston counties.)
Yixiong Pan
How to Research Whether A Property Has Inheritance Tax Liens
29 August 2024 | 5 replies
From one of our sales, We were also advised that if this property sells to a third party at a sheriff sale, and we cannot provide the department of revenue inheritance tax lien certification, the Allegheny county sheriff will not issue the deed until they receive a copy of the lien certification.
Powell DiGangi
Tennant wants to have friend move in for longer than 30 days
30 August 2024 | 16 replies
Dear BPI have a tenant is the only tenant tenant on her lease asking if a friend of hers can move in to the unit temporarily for more than 30 days.
Joseph Clemens
Need Opinions and Advice Please!!!
30 August 2024 | 8 replies
The Building Department in these areas I am sure is pretty lax.
Mark Koontz
Seasoning Periods for Limited Cash Out Refi
30 August 2024 | 8 replies
hard money can only be used for investment unless its a departing bridge in most cases
Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
Most HELOC's are based off prime and these are consumer based products (rate determined by margin which is fixed + prime).However the commercial departments in many of these banks or credit unions offer fixed lines on their commercial interest only products that can be based off different indexes like CMT (contact maturity treasury), SOFR (secured overnight financing rate), or other indexes that are less volatile than the prime which is directly linked to the fed funds rate + 3.00%.This is why the fed funds is at .50% right now and our prime is currently 3.50%.Just make sure to pick a product and index that works with your overall strategy because in between deals you'll be carrying the "equity," you used to buy a property on this line most likely.