David Toupin
PLEASE SHARE: Ways to find Mid to Large Multifamily Deals
8 October 2016 | 8 replies
1.Focus on a market or sub-market depending on size or ability to cover market2.Know as much as you can about the market, inventory in the market & build relationships with the owners/brokers of properties between 10-100 units.3.Clearly articulate your business plan and investment criteria to owners/brokersBuilding relationships and understanding the inventory in market will turn over the deals you are looking for.
Cameron York
Forclosures on non performing notes and its process?
13 October 2016 | 22 replies
As it relates to a BK it depends on what position you are in.
Rajeev Vibhakar
New member from Denver CO
6 October 2016 | 5 replies
Scottlooking for properties in the 250-400 range that ARV +90-150k depending on scope of work to be done..
Pandu Chimata
2nd home loan by FHA
10 October 2016 | 6 replies
There are many ways to pay PMI:- LPMI - lender paid MI which is a fancy term for taking a bit higher rate to absorb the cost of monthly MI for the life of the mortgage, depending on your credit score it may take .125%- .50% more in rate to absorb your entire premium for the life of your loan- BPMI single premium- similar to the above it eliminates the monthly MI premium for the life of the loan but BP part of BPMI stands for "borrower paid," so as you might have guessed the borrower pays this premium in a cash sum at closing either from their own funds or seller concessions they've negotiated from a seller or a gift from their giftors -BPMI monthly or split premium - MI can also be paid as monthly MI which is the stereotypical way to pay MI and it can also be paid as a split premium or hybrid whereby the borrower pays a good chunk upfront to have a greatly reduced monthly MI payment.Most people take LPMI and absorb it through the rate via LPMI to eliminate MI for the life of the loan.
William Huston
Gated Area: How do you farm them?
9 October 2016 | 7 replies
@Joel OwensYes i talked to all the commercial brokers within 10 miles that i could pull up in the phone directories and internet from me.
Matthew Hull
New in Michigan - Building from Scratch
14 October 2016 | 10 replies
It depends a lot on what exactly your first deal is going to look like.
Rick Doctor
Gary Keller's 0.8% rule vs BP's 2% rule
6 October 2016 | 5 replies
Whether you can hit the 2%,1% or 0.8% rule depends entirely on your market.There are places where you will hit 2%.
Chris L.
When is it best time to sell a property in Bergen County NJ?
7 October 2016 | 4 replies
Sometimes it depends on the winter weather.
Kevin Ford
What are industry standard vacancy periods and leasing fees?
15 October 2016 | 6 replies
Vacancy times can depend a lot on things specific to the particular market you are in.
Zach Jacob
New Member from Cincinnati
10 October 2016 | 9 replies
I guess it depends on the area and opportunity...