What are the mandatory inspections that an investor needs to get beofre purchasing a long term rental? I want to make sure I am doing my due diligence on each property.
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Hello fellow investors,
I have an opportunity to purchase a large, 100+ unit mobile home park. The 28 acres it sits on is highly valuable land, the park is dilapidated, and the owners are behind on taxes. The...
How should I phrase the inspection period and assignability in a wholesale contract?
Does anyone know whats going on with the detroit real estate market? I'm wondering if it is picking back up meaning would this be a good time to invest doing fix and flips there.
Last I remember most hard money inve...
Hi All,Finally found a deal in my farm area that fits numbers for buy, rehab, rent, refinance. The market has been tough to locate deals. I was hoping for a second (third fourth etc) set of eyes and ears to bounce i...
As a new member of BP, I'm hoping to learn from and contribute to the BP Community. I have some experience with a few residential rental properties and a mid-sized (25 acre) brownfield redevelopment project.I'm curio...
The power of Mass Save HEAT loans!
The Mass Save HEAT loan is an absolutely phenomenal tool to keep in your back pocket as a multifamily investor, especially if you have multiple boilers or furnaces!
What this HEAT...
Hi guys,I'm evaluating a fire damaged home. It has a good foundation but half of the house is burned down, so my contractor recommended a full frame rebuild. The house is about 1000 sqft in a ok area of town. He quote...
Help! I am brand new to real estate investing. I was gifted a property that I would like to rehab and use as a rental. My question is what is the best way to obtain financing for the rehab. There are no mortgages or...