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15 January 2025 | 10 replies
As a new fix and flip investor lenders will typically want to see 20% down payment and will be able to fund 20% of the rehab budget (80% LTC).
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8 February 2025 | 34 replies
They don't typically throw parties there like they would at a fraternity house.
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6 January 2025 | 31 replies
Small businesses are typically valued at a multiple of SDE.
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25 December 2024 | 60 replies
From my view, neither property type (with the right features) suffers from the same potential downside appraisal risk as converting SFR or duplex.
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9 January 2025 | 6 replies
Business loans typically won't let you purchase a property if you read the fine print.
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5 January 2025 | 0 replies
Does anyone have any insight into what these types of businesses are typically looking for in a partner and what I should be doing to make my space a good fit for them?
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4 January 2025 | 14 replies
@Ethan Slater here's some info we hope you find useful: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?
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27 January 2025 | 6 replies
I would set up calls and then sit in and listen, every day, typically a few times a day for around 6 months.
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30 December 2024 | 6 replies
There are so many features that make Baselane a great option for real estate investors.
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19 January 2025 | 9 replies
Generally, the biggest difference is that DSCR Loans often have prepayment penalties attached which typically will have a 1%-5% fee if you prepay the loan within the first five years so its the "risk" of having to pay a little extra fee if you sell or refinance the property pretty early on.PS - check out this series of 10 articles published on BP on all things DSCR Loans which can give you a full rundown on everything you would need to know when using this type of loan!