Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
B2B Bank had just introduced liquidity requirements which seemed to indicate they really did not want to be providing that service.TD was the last of the Big Five to offer the ability to write and hold arm's length mortgages.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?
Jack Pasmore
Excited to Connect with Fellow Real Estate Investors!
22 January 2025 | 3 replies
I’m currently active on BiggerPockets to connect with like-minded investors, exchange ideas, explore potential opportunities, and provide opportunities through my network to collaborate with others.
Andres Canas
18 year old ready to learn
27 January 2025 | 2 replies
Property management provides all of that.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Smaller deals may sound "small" and yet they can provide a great deal of experience.4.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
It seems like a common challenge, and any advice you can provide would be invaluable.Thank you in advance for your help!
Patti Betts
where can i find the form for NC 10 day move out?
24 January 2025 | 5 replies
However, there isn't a standard form like a NAR lease agreement; it just needs to provide some general information.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner.
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 replies
@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Clarase Mika
Welcome to 2025! Turn Your Housing Allowance Into an Investment Opportunity
23 January 2025 | 0 replies
I‘m also happy to travel to speak to groups or provide 1:1 coaching along your purchasing experience.