Michael Baffuto
Union city, New Jersey buy and hold
Hi All,
I’m looking to purchase my first 3 family property in Union City, NJ. The home borders Weehawken which is one of the best areas for buy and hold in NJ. I’m a little concerned on a counter offer the listing ag...
James Sinclair
Making "low end" rental property work
Some people have indicated that they have good success with low end rental property. I would like tips on how they manage to do that. The property managers that I have talked to won't even accept property that do...
Jacob Krafka
What do you guys think about the current market conditions?
"Investors are continuing to fix and flip homes in the metro area."https://denverite.com/2022/10/...
Josh Foret
How critical is consistent income when using the "house-hack" duplex method?
I've read several of the blog's with regard to "house hacking" including @Scott Trench's experience with his first property as well as @Darren Sager's podcast on his duplex ventures, and I've decided this is the path ...
Azita S.
Can I use non-real estate LLC equity as personal guarantee with portfolio lenders?
Hi Everyone,I'm a new member on BP and posted an introduction in the new member introduction section yesterday.I have equity in my primary residence, but have a lot more equity in a non-real estate sole proprietor LLC...
Robert Taylor
Handling old mold issue on current flip up for sale
I have a house up for sale right now, its a nice house built in 2001, 3200 sq ft, a former builder's model so it was built with a lot of little "extras" you don't see on every newer house like tray ceilings, inset col...
Jerry Kisasonak
116 Unit Apartment Complex Financing Question
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
James Carlson
DSCR loan (or other loan) for vacation rental in Mexico?
Does anyone know of lenders out there that will loan for a vacation rental in Mexico? My wife and I are looking to purchase a condo in Puerto Vallarta. I wonder if there are DSCR loans for STRs/Airbnbs in Mexico? Or s...
Carl Ohai
Real Estate Agent Conversion Rates: Huh?
I am trying to make heads or tails out of conversion rates according to the quote from NARS, the conversion rate for agents is 0.4-1.2%. Huh? From what I have read, agents are spending something like $30ish per lead. ...
Brian Langstrom
Short Term in a downturn
With the stock market at record lows, crypto crashing lower every day, interest rates jumping 3/4 a point in a day. This market is going to change. I am curious how AirBNB owners see this working in the long term. Wou...