Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...
Is it possible to start investing in multifamily just raising capital and loans but no money put from you? Not because you don’t want or don’t want to put skin in the game, but because you don’t have it?
All,
I currently have the ball in my court to purchase a 3bd-1.5ba duplex in a highly desirable location for $307,500 plus closing costs. The units rent for $1200 and I would intend to owner occupy for the first two ...
Deep breath and a sigh. We’re finally through our inspection period on this one! We originally went under contract the Monday after our first weekend on market $100K over asking and asking was $50K over the original A...
Hello All,I was wondering how long does it typically take to receive financials on a Multifamily property and what does the seller or broker look for on the documents before sending their financials?
Theoretically, if you had the ability to do work yourself, is it possible to flip a house with no cash of your own invested in the property? Have you ever seen it done where a person borrows all money, either through...
Looking to start a thread to discuss current events in RTP/Raleigh-Durham and it's impact on local real estate. We clearly see an uptick of demands & low inventory. Especially with investment properties, it's hard...
Hello,Since I have signed up with BP a few months ago I have had issues with my account and the way in which the page is displayed. Nothing seems to line up(like the margins are off) an example would be my inbox icon ...
Im not new to real estate but have just started playing the game again. Im in the Tulsa area. I have a few deals lined up and am looking for financing. I have a lender lined up already but I just want to see what else...
Hi everyone, I have a pretty good tenant who has been paying rent without any problems for 8 months. He just informed me that he got laid-off as something that I should be aware of. He is a very responsible person and...