Good morning everyone!

Good morning, Ben. 

This morning, before Milton makes landfall, I drove down the beaches, where boats still sit stranded in roads and parking lots from Helene.

Good Morning Ryan!

Good morning!

I'd be down to go there on Sunday morning as I have not signed up for the workshops

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

Just want to clarify how you got there, to get to $12K you divided 1.2M by 100 lots (of which 60 has homes on them and producing rent, 40 lots are vacant). 

Good morning everyone I am new to the BP community and am excited to start investing in multi family properties around the Wilkes barre Scranton Allentown PA area.

And do not be surprised if it is in the wee hours of the morning or night.