So I purchased a portfolio of properties in the Memphis area with a fixed 30 year rate about a year ago. I am looking to refinance but some of the properties are under the golden 50k price tag that many lenders use. D...
Hi BP! I'm looking to purchase a commercial multifamily property on the south side of Chicago, buying cash for $100k with a HELOC. The property is in good condition, cash-flowing..fully occupied. Buying this low with ...
BP Gurus! A small developer I know has proposed a partnership that's pretty intriguing but I'd appreciate some opinions on it. The developer owns free & clear land within a few miles of a big university. He's pr...
Does anyone have any suggestions on insurance for a flat roof 4 plex in pennsylvania? I paid 70k for it, replacement cost they gave me was 450k and paying 2700 annual. Seems high I think, not sure as it's my only fl...
When I purchased a 25 unit complex, I did not have a good solution for the property inspection (spoke with a bunch of brokers and inspectors). My options were (1) $50/door from a company that I felt was going to use ...
Hi,Im looking for credit unions and banks who do Heloc's on investment properties?
Hi all,I have a few rentals out of state but looking to get something in my home state that's relatively affordable. Hows the Redding / Anderson Ca market for rentals and any suggestions on good areas or low crime? I ...
Here is an interesting one for you:I have a 4-plex under contract that currently has a cell tower on the roof. Looking at the disclosures, the owners set up leases to telecom companies for the tower and then sold the ...
Hi! I am a newbie investor that owns a home in Glendale Heights that is interested in it out so I can buy a multifamily and househack. Do any of you know if a lender would loan to me, if I did rent my home out? And if...
Hey BP Family! I'm looking for different tips or suggestions that I can add to my notes on what information or tools I should be using when presenting deals to investors. What rules of thumb do you think I should keep...