Hi BP fam, What is the difference in Private Money from a company vs Hard Money. I understand the logic of Private Money from a friend or family member, but I don't understand the difference when a company advertises...
Housing prices, like prices of anything else are driven by the overall supply and demand. The supply is driven by the available inventory while the demand has many input factors in it. Here we will try to see what may...
Is it true that 6 months of mortgage payments is needed as an emergency fund before the closing of your loan on a multi-family property? If so, is there any way around this requirement? Is this requirement for every l...
We were able to tap into the equity of a few of our rental properties. The idea is to just keep buying but we’re thinking if we should start rehabs and flips. Small LLC with under 10 units just looking to maximize the...
I just heard Chief Denney talk here in Las Vegas and was pitching a 2 day workshop on foreclosures, specifically REO's, more specifically purchasing REO's in bulk and selling them to us for 70 cents on the dollar. Ju...
Hello Fellow BP Buddies,I work in capital markets for a very large private real estate development company, and my job entails addressing the needs of our various projects from a capitalization perspective (primarily ...
What is considered a good cap rate for multi-family units in St. Louis. I'm looking at 2 and 4 unit properties. I can't get anything to hit the 8% when I calculate even when I leave out property management fees of 1...
Hi all,
I first looked into commercial real estate (multifamilies, specifically) in the late 1990s when I saw triple deckers selling for a song. I didn't have money to spend back then, but do now.
One hurdle I will...
Homeowners all across America wonder how much their home is worth. A new trend discovered by Quicken Loans, and their National Home Price Perception Index, has many homeowners estimating their homes higher than they a...
Hi everyone! Im 21 years old in college studying finance and honestly I’m at a loss for what to do right now in life. I have such big dreams in aspirations. I just don’t know where to start. I want to do something tha...