Jason Homa
Conventional Mortgage rate SFH vs. multi family
I'm looking for a conventional bank loan for a 2 Family home. The lender I'm working with says the rate is about 1% higher for the MF than a single family home.It's throwing all my numbers out the window!Have you had ...
Mack Owens
Walkthrough of a Triplex
Hello BP, I will be walking through a triplex tomorrow and want to get an idea of some essential areas of review as I'm going through the units. Any advice at all, no matter how obvious it may seem, is and will be gre...
Amir B.
How to Calculate RE Deals
Hello BP Community,I was wondering what is the calculation to assess value of a property. For example, there is a MFU property in Fairfield, CA. The asking price is $500,000. All four units are rented out for $900 eac...
Derek Curtis
findcompsnow.com
I searched the forums and found no mention of this website.Let's face it, having access to the MLS at all times would be ideal. However, some of us don't want to pursue a RE license, or have to constantly nag a realto...
Alexander Chavez
Looking for Home Inspector
Looking for a home inspector with experience to join my flipping team in Chicago, would hope to build a solid business relationship to use for every home purchase we do and to recommend to others. If you are or can r...
Ronald Rohde
NNN Industrial How to make money
Wanted to share a recent deal that we have under contract to buy. This is for me personally, not as a lawyer. We own industrial in an area of Ft. Worth, nice little bedroom pocket city. A listed property popped up 4.5...
Account Closed
Am I Too Conservative
[Originally posted in the wrong forum]I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more. I wonder whether my assumptions/budget is ...
Benjamin Riehle
Turnkey 4-Plex Purchased - Is There a Value-Add Opportunity?
We recently closed on a 4-plex near Tucson's growing downtown and I just wanted to talk about the deal and where we saw hidden value. The property itself did not need a ton of work. We contacted the owner and they wer...
Michelle R.
Advice: Parents want out of rental. Cash out killing our taxes.
Help,We have owned a rental property with my parents for 10 years and they decided they wanted out. We originally agreed to pay them $25,000 a year over four years, BUT they played hardball when the market went up in ...
Account Closed
<<<BEST sub prime meltdown "TIMELINE" BBC
He is a very good time line as to the melt down mess. Scroll to the bottom and read your way up.
Also of note: BEAR STEARN, one of the largest US investment banks wen't POO POO on Friday! NOT GOOD!
Here is the sub p...