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Hello, I'm just delving into acting as a private money lender for single family house rehabbers. Common terms I've been offered by the developers/borrowers range from 8-10% interest, for me to invest 85-100% of acq...
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I am getting ready to switch from oil to electric. I got two quotes for a heat pump/mini split hook up. I will only be getting 2 mini split units installed for a 600 unit apartment. The first quote came I got was for ...
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Hello BP community,I am part-time dedicated to Real State Investing. I have 2 years’ experience in the raw land Development, lots subdivisions and construction improvements.I want to find people interested in investin...
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Hi guys,So, I pay around $5000 a month in mortgage payments for my SFH rentals. I was thinking that I could basically meet the minimum spend for sign up bonuses on cards if I use a company like Plastiq that allows you...
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I’m about to market for tenant buyers as part of a lease option strategy and need to be able to set them up with a good mortgage broker so we can see exactly how long it will take for them to qualify for a mortgage an...
Hi all,I bought a foreclosure for cash ($28,000) and have put $50,000.00 cash into it. The heavy, big work has been done and now it's the final touches. Flooring, and kitchen/bath furniture - and I'm done! Two brokers...
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Hey BP community -I want to throw a question out there for those in the 100+ unit multifamily space, specifically investors, sponsors/syndicators or anyone who looks at a lot of deals. Do you have a target MOIC (multi...
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This has been discussed in fragments other places here, but I thought as the buying season gets going (and I see a slew of <$200K condos hit the market) it would be wise to have a contained chat on what peoples opi...
I ordered a book lately on RE investing from Amazon, and the guru started out with the typical hype, selling the sizzle and not the steak. You know, the whole, imagine yourself living the dream, not having to work,...
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Has anyone else found multi-family appraisals in your area to be essentially worthless? I know the banks require them but I have found them to be wholly lacking in credibility. We have under contract a 48 unit that...