Cedric Zebaze
Purchasing a 5+ unit
Hey Bp!In the future(5 years+), partnership or myself, I would like to be qualified with a portfolio lender to finance a 5+ unit. What are the financials and track record requirements that lenders like to see?What is...
Roy Gutierrez
Kitchen counter top, granite or formica
I'm debating about what type of countertop to put in a mid-range rental (Oak Park, MI). I plan to rent for $1,100/month in an area that similar houses rent for 850-1,100 for this type of house, now this house is on...
Andrea Livingston
1st Rental Property purchased!
Investment Info:
Single-family residence buy & hold investment in Colorado Springs.
Purchase price: $121,680
Single-family home located in Colorado Springs, CO.
Approximately 1,526 square feet, 4 be...
James York
How do you learn commercial markets?
With residential it’s pretty easy to follow sales and develop an understanding of markets. Commercial seems much more difficult to find the comparable data. I don’t want to use a broker’s time yet because I’m just loo...
Delsean Barrow
Should I pay for repairs on a home for VA approval?
I'm currently purchasing a home that needs some updating. My plan is to occupy the home as I complete repairs. The seller has only agreed to pay closing cost. However, there are some exterior repairs that need to happ...
Craig Moreau
New Member From Boston, MA
Hey BP, I'm new to Bigger Pockets and wanted to give some life to my account. I started working in property management 3 years ago in my last year in College. I wanted to learn what it took to manage investment proper...
Wayne Brault
Got My First House Under Contract Today! Next Move? ...
Hello everyone. As you can see, I got my first one under contract today. I feel like I got it for a good price, and had a friend/realtor look at it with me. The issue is, it was left in horrible condition. Mostly appe...
Steven J.
How should I offer on these Tri plexes?
I've just come across two triplexes from a very motivated seller. He's looking to sell as-is and only needs to pay off his mortgage amounts left over on the properties. Not all units are currently rented due to wha...
Will Gaston
Who is the right lender for this NNN property?
All: I'm about to put an LOI on an NNN property (Jiffy Lube) in Houston and am looking for the right lender. Here are the specs:Purchase Price: ~825kDown Payment: 300kLoan Amount: ~525kLTV: 64%Years Remaining on Lease...
Josh McCullough
Partnership Structure
I've been around the MHP business for about 5 years now. I do not own a park, but I own quite a few mobile homes in parks, and I'm fully capable of operating a medium size(50-100+) lot park.I have a couple of guys wh...