19 July 2024 | 4 replies
Specifically, I'm looking for insights on:Finding a reliable hard money lender who can finance the entire purchase and rehab costs.Strategies to present this deal to the lender to increase the chances of approval.Any potential pitfalls or things to watch out for in the BRRRR process, especially given the foreclosure status of the property.Tips on managing the rehab while tenants are already in place.Thank you in advance for your help!

19 July 2024 | 6 replies
Generally speaking, creditworthiness of the tenant is considered when offering a concession package and there are many nuances that go into the final agreed upon package, but being aware that these are expenses you will incur as a retail landlord and planning accordingly is important. 8.

22 July 2024 | 17 replies
Hi Eric - As you can see from the comments, it is up to individual discretion to call DSCRs "no doc" loans or not.Investors are drawn to DSCR loans due to their simplified documentation process, which offers less paperwork and hassle compared to traditional lending options like conventional and bank loans.

20 July 2024 | 19 replies
She didn't like it and said someone had offered her over 100k.

20 July 2024 | 8 replies
Hello BP Community,Can anyone offer me a sound and professional property management group in the northern NJ area who have vast experience in multi-family services that comes highly recommended?

20 July 2024 | 6 replies
We’ve done our research and there are no other short term rentals that offer an on-site gym or exercise room.

18 July 2024 | 19 replies
Obviously the C and D neighborhoods will offer higher cash flow at a lower price point, but there's also some good opportunities in A- to B neighborhoods depending on what your strategy is.

20 July 2024 | 10 replies
I think you are closer to a decent offer than @Joe Villeneuve.

18 July 2024 | 8 replies
Any advice or insights about the city would be greatly appreciated.

20 July 2024 | 8 replies
If you cannot, reach the owner, you may be able to reach the lawyer representing the lender and offer to buy the debt (at a discount).