Joseph Weisenbloom
Underwriting question for conventional mortgage - San Antonio
I have a property that is free and clear that I want to get refinanced with a conventional mortgage. Currently it does not pass underwriting guidelines because it is a duplex that is zoned for single family. I am in t...
Nathan McBride
40-Year Seller Financing: Yea or Nay
I’m looking at a piece of property in an area that could be a great opportunity to ride a wave of appreciation as others around it are being renovated. It's currently mixed use and is basically as close to the major ...
N/A N/A
Looking for correct type of funding!
I am finally at the point to start my serious search to move on properties when I find them. However, I am trying to setup any pre-approved loans if at all possible.
However, my question is what loan or what type ...
Jens Nielsen
Rehab of 2 out of 4 units -add to basis or deduct as repairs
I purchased a 4-plex in 2016. Two of the 4 units were empty, so we did some repairs on those units (new carpet, tile and paint), plus we installed a new roof, repaired an exterior wall and fixed potholes in the parkin...
Ashvin Dewan
Commercial Lease versus Sale on Washington DC Capitol Riverfront
Hello. Been trolling these forums for a while and finally decided to tap the collective knowledge of the BP community. Here is my scenario that I have been pulling my hair out trying to sort. It is a good problem but ...
Jaime Macias
SBA Purchase Escrow Hurdle - Low Appraisal
Have been working on an SBA mixed use purchase for 90 days. After jumping through all the hoops appraisal came in at 75% of the contract price. Any experience with this type of happening? Wonder if there's any pers...
Jai Magner Koch
Wynwood duplex up-zoned to T5-O mixed use 5 stories
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $57,500
Sale price: $980,000
Property was new construction at time of purchase a...
Canesha Edwards
Negative Cash Flow. - Could be a good Buy
Hello all,How would you evaluate a property that reported negative cash flow for the previous year? How do I determine an offer price? The property is located in a QOZ in a decent location that will see appreciation d...
Shirley R.
Hartford Property Tax Abatement
Has anyone here applied for the property tax abatement and can shed some light on the process?Here's a link to the page in the city's website, if anyone is interested:http://www.hartford.gov/dds/232-development-servic...
Orit Nahum
Buying on paper
Hry guys ... Buying a property on paper in s city that is now developing new projects and apartment and then flipping it in a couple of years when it appreciates.... Too Risky or pass ??What would you do ??