Does anyone know if there are seasoning issues if I would purchase a property with all cash then finance it?
-Michael
I'm looking to use retirement money for downpayment on a multifamily, but taking it out early I will lose 10K. Looking for unique way to not lose so much or put immediately into something to pay less taxes.
Small landlord here. I just have 5 units and am doing other work to help pay the bills in addition to doing all the property management myself (upkeep, repairs, cleaning in between tenants, mowing, finding & int...
Hello~
We have a dilemma and would appreciate anyone's input. We are both in our early 40's..no retirement at our place of employment where we both have been for over 20 years. Our jobs are very secure and we plan on ...
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
Hello all, I'd like to know what would be considered "good" terms on a private money loan.I am in contact with a hard money lender who's terms are 9.75% interest and a 1.75% fee. Do you get considerably better terms w...
Hi everyone!I began my real estate journey as a full-time rehabber (completed about 30 rehabs from roughly 2011-2014), and have since transitioned to full-time client work as a general contractor. In addition, I've be...
Unreal! Has anyone come across someone being kicked out of their unit due to ESA and a no pet policy? Seems like the co-op being so Draconian backfired. I can see if the ESA wasn't legit but appears the co-op didn'...
Hello BP, I'm looking for some advice on the best approach to getting this property. Breakdown of the numbers- 5plex 3 2bd/1ba 2 1bd/1ba (Completely renovated and turn key with appliances and w/d)Asking $365K (I'm pre...
If you are truly a passive investor, I'd love to know what you wished you'd known before you'd started. I don't know what I don't know right, and I'd really appreciate the feedback, both for me as an investor who is ...