Steve French
Apartment deal, what's valid for a down payment?
Hiya BP peeps. I've got some HELOC money, though we're planning on moving across the country within the next two years, at which point the HELOC should be paid back (housing crash in Seattle nonwithstanding).Are thos...
Brandon Sturgill
Structuring Seller Carry on Commercial Property with a Lien
I have a possible deal in the works; it's a 36-unit storage facility and the seller is willing to carry back financing...she has an existing first lien balance of $55k...and the sale price is close to $115k. The build...
Yishi Garrard
What % of gross income for expenses?
Hi,
What % do you use as your "rule of thumb" for estimating annual operating expenses when evaluating an income property? Here in Tucson, AZ, most properties that I manage for clients are running between 20-28% expe...
Robert Dabicci
Can I Buy for Cash then refinance without a rehab?
Hello, I have seen a lot of people talk about doing a cash out refinance after a rehab and season period. What I'm wondering is if I buy a property for all cash (to move faster and make stronger offer) that does not n...
Matthew Dawson
First Time! Cash or HELOC?
Hey everyone! Not even close to making an offer or purchase yet still doing some learning! Had a question though. Have about 50K in cash, but also have about 125K in equity in owner/occupied home. Was interested in BR...
Nicholas Sanfratello
Realistic CoC Returns
Hi Everyone, I'm a new investor and have begun researching properties in a couple remote markets that I'm running through calculators. In my research I've seen that I should target at a minimum a 10% CoC return after...
Jay Khoury
Leominster Rental Market
Hello BP!
I am looking for some insights on investing in Leominster, MA. My current portfolio mostly consists of duplexes and triplexes in the Greater Boston area. I am looking to get into 6-12 units and I find Leomin...
Denny Cash
Tracking Categorical Expenses
Hey BP Fam. This is my first year as a landlord. I have grown to having three single family properties and one duplex. As I have grown, I have learned (continually learning) more on how to structure my finances to ens...
Justin Hackney
Craigslist
Many investors use craigslist for a number of different reasons. They could be searching for cash buyers if they are a wholesaler. Or they could be looking to buy a property that is listed on CL. I'm sure some people ...
Ken Baker
10,000 sq ft Flex Warehouse Budget
Hi BP community! I’m looking to build my first flex warehouse and wondering if my $1,000,000 budget is realistic. Im looking at a lot that is .97 acres, already graded and has water and sewer taps at the front of the ...