Sara Kasper
STR Hidden Management Fees
I'm in negotiations with a STR management company. The bit of their contract that has me concerned is that, per their contract, they can charge any fee at any amount and retain the money while also being in control of...
Dmitri K.
Cleveland Investors, what is your real-live vacancy rate?
So i see a lot of people ask what to use when estimating a vacancy rate or a cap expense rate. And a lot of times on pro-forma sheets a vacancy is listed at 5%. I just can't comprehend how that is a realistic number f...
Chris Seveney
Great Summary on a GP Review of a Syndication
First, I have not done the full blown analysis on this offering because it was an offering that did not interest me overall- but I want to add the caveat that I have not run numbers and have not formed an opinion that...
Dustin Sanders
Any 10-15% DSCR Loans?
I’m looking for DSCR loans in the 7s or 8s with no balloon payments. I’m ok with prepayment penalties before 3 or 5 years. The property or properties will be in Florida and/or Alabama. Does any lenders offer these DSC...
Ryan M.
Trusting the BP Buy and Hold Rental Tool
Hey All.Ryan here from Boston.I have a great realtor who is automatically sending me the MLS listings of my desired properties in the area I want and, to my surprise, I am seeing opportunities!One thing I am worried a...
Jonathan Hayek
Help me analyze this deal... please?
Hi folks - Long time lurker, but infrequent poster. I'm learning about HMPs, and would love for you to chime in on this deal. Price: $795,000Community Type: All agesNumber of Lots: 22Current Occupancy: 86% (19 Mobile ...
Brian Chen
Finding best mortgage rates
Hi,I have a question on finding the best mortgage rates for a conventional loan. I am at the pre approval stage and I keep hearing to shop around from big banks to mortgage brokers but the rates are not locked in at ...
Shak F.
Is 7.5% too high for investment property if I have great W2 and excellent credit scor
I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...
Scott Starrett
Maximum LTV? 85% LTV? In Ohio
Does anyone know of a lender that is offering 85%+ LTV on rental properties in Ohio? This would be for a 4-unit building.
Looking for 30-year fixed interest, asset-based/DSCR underwriting (non-owner occupied investm...
Rich E.
2016 Goals/Plans
A weird thing happens when I write down my goal. Even if I don't look at them again until the end of the year, they all seem to happen. I thought I would use this forum to write down my 2016 goals. Hopefully, they...