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22 March 2018 | 11 replies
@Stephen Lee you are correct.
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22 February 2018 | 8 replies
Dan is correct about the winters.
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20 February 2018 | 5 replies
- being able to use projected rents when purchasing a multifamily to be able to qualify- ability to convert properties and increase or decrease units@Abel Curiel - you are correct - rates tend to be higher- normally 1/4 to 3/4% higher depending on factors and timing.
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24 February 2018 | 8 replies
@joaquin Rosario,I've tried using the calculator that is on BP and Im not sure If I am using it correctly.
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17 March 2018 | 1 reply
On our own projects, we always make our own assessments of rental rates, and there are numerous resources for this data once you know where to look.You need to determine the business plan, i.e. duplexes vs. larger project, then have an architect layout the design on your chosen path, then run a set of number (proforma) to determine feasibility.
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20 February 2018 | 6 replies
You are correct, my objective is to buy and hold.
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25 May 2019 | 7 replies
Your statements about 90 days, double appraisal if the selling price is double or more than purchase price and 180 from the day of closing are correct.
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21 February 2018 | 7 replies
Your information is very helpful.The broker should have a copy of the P&L statement, correct?
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28 November 2020 | 5 replies
Best of luck with your path to financial freedom.