Newbie question here.
Commercial loan have balloon payments due in 10 years or so.
What if it's a bad environment (recession)? Will the bank typically roll it over? If you have first hand experience ple...
Hi everyone, Here I am posting another question regarding my first investment. I closed on a house that needs a bit of work done. The PM that I hired has many vendors considering they manage over 750 properties. They ...
Hi Everyone! It has been awhile since I've posted. I took a few steps back and really thought about real estate and how it would fit into my life. I was tossing around the idea of a multifamily home vs. single f...
Hello BP!First of all I am an EXTREME newb to any type of investing, so I apologize in advance for all the needless questions. I live in San Diego county and would like to try and purchase a small multi family in the ...
This is in the state of Florida - and the title isn't Exactly what I am asking. I'll explain - A SFH tenant wants to move into a property. But the electric company wants some Huge deposits made first. I know this i...
Hi my name is Scott Hibbert, I have been living in Boulder since 2008. Bought my first house in 2010 for $391k with my wife at the time. Divorced in Fall 2016 and had to refinance/buy her out of my house and sweat e...
Folks, I need some suggestion/advice/thoughts on what to do with a kitchenette hook up in a split level single family property that I am about to close on for buy & hold. The upper level has a full kitchen and the...
Hey gang, BP has been such a tremendous help over the last year and a half that I feel obligated to give back a little and at least summarize my experience. So, as always and in advance, thanks BP. I couldn't decid...
Hello,
I'm working with a buyer's agent to make offers on properties. I'm making an offer on one SFH for about $170,000. We're also making an offer on a 4-plex for over $500,000.
Given that the 4-plex is more t...
I have 8 units 1 mile out from the university student center and on the edge of what might be described as "the hood." These units rent for 450 + gas & electric and pet fees.The former landlord mostly rented to st...