Contact numerous lenders, prepare financial paperwork, and acquire a mortgage pre-approval letter.

Not only are Queens and Brooklyn the busiest Counties in terms of activity (new listings), but they also have some of the most competitive investors in our market.Properties are selling for 8.5% more than they were in 2023, showing us just how desirable the borough is.With its proximity to NYC, numerous public transportation options, and overall vibe and attraction, it is no wonder why the popularity has been reflected in the buy-and-hold rental market.

I’ve sent numerous emails with proof of things to her and her team requesting all my funds.

Lenders are most picky about restaurants because they are really easy to kill.The lender doesn't require the restaurant to be owner-operated, but they'll need proof that your management staff has a robust resume in the field as well.I'm not sure what you mean by an "arm's length" transaction.I hope that helps.

I didnt study finance or realestate, so my expertise is in another field.

The house was built in 1890 so it has field stone foundation and we noticed some joists in the cellar like they’ve tried to temporary solve this problem.

Hi BiggerPockets Community,I’m in the early stages of launching a private lending business and would love to get some insights and advice from those who have experience in this field.

Books are a great way to learn about topics and how to generally do things but the real education is going to be in the field. 

If you are, and checked the right box to indicate an existing reporting company, you would have noticed that all Company Applicant fields was disabled or grayed out.

I have had numerous bad experiences