Shane Jeanfreau
Refinancing 40 unit complex out of a owner finance deal
4 June 2018 | 10 replies
Run your cash flow numbers over the next few years and see how long it takes you to hit 20% in equity (don't forget transaction costs), and there is your target date for the refinance.A 4-plex is considered a residential loan vs. a commercial loan for your 40-unit, which are structured very different and won't have as many low/no money down options.Sounds like a great opportunity!
Malick Guindo
Help me understand Fayetteville, NC
15 May 2018 | 4 replies
Some of things I consider besides the analytic part is the number rentals available, rental comps, number of house for sale and date of availability.I've been looking daily and I'm having a really hard time deciding where, I wonder if people do end up with a duplex in every state, lol.
BJ Dante
Trading services to get into a deal?
15 May 2018 | 4 replies
I had done a simple search online about how to get into fix and flip with little to no money down and the first thing that popped up was a thread on the BP forums.
Evelyn Scott
Intervenors during foreclosure-avoid like the plague or not?
15 May 2018 | 0 replies
Looking at a house in my local Sheriff sale foreclosure auction.There are 3 other adults listed on the mortgage as intervenors, looks like 2 sons and a daughter or daughter in law.I believe they are each declaring bankruptcy one by one to extend the foreclosure date.
Mark Abele
Digital Rent Payments
15 May 2018 | 5 replies
Which is totally crazy to ask of your tenants, I think.The only con may be that lots of online rent payment platforms have crazy high fees (one of my tenants used to pay a $22 processing fee to his old apartment), but there are plenty of options that are free or otherwise affordable.Right now I use Roof, which costs $2/transaction.
Izzy Nathanson
Buyer Broker representation agreement for an individual property
15 May 2018 | 2 replies
Hi ,I am in need of a Buyer Broker representation agreement for an individual property (case by case ), since the exclusive listing broker cant share and co broker i have to get paid by the buyer, and want to have this on a documented before presenting the property, were can i find this on line ?
Jerry N.
Chicago Building department permit status question
17 May 2018 | 4 replies
Some time ago, I recall reading online that owners can get the same notifications as architects from the building/zoning department(s).
Colleen Cimo
Indianapolis Morris Invest Oceanpointe and now Blue Sky
10 October 2018 | 3 replies
I did the paperwork for transfer to Claytons property management team and thought that Clayton would stand by his word to do everything originally promised to us.The city violations dept (Daniel Smith) is a hero because he went to the home April 24th or so and took tons of photos to detail the condition of the home.. he has been the most helpful person to date and I am super thankful for him.
Heidi Wilson
Moving to Seattle: buy or rent?
16 May 2018 | 8 replies
Add new taxes in the mix that just came online this year and next year prices will reflect the tax hikes.
Garan Kama
How is the Vegas market for SFR, MF or AirBnB Investments?
30 June 2018 | 16 replies
The rental market is still hot in Vegas but there are many hundreds of luxury apartments coming online over the next 0-3 years.