Hi,I am currently house hacking a duplex in a small town that I have been in for 2 months with plans to refinance out of an FHA in a year depending on rates after I finish renovations however when I bought it the clos...
I am working up some details for a deal presentation to a UK investor (US property, UK investor). A spreadsheet showing projected numbers plus a 'Powerpoint like' presentation.
Then I got to wondering and figured it ...
I'm curious to see what other property managers are seeing in their markets. What is your revenue per unit? Any context on the type of market would be helpful too.For example, in one area I have a 3-Family priced at...
Anyone want to share their "pitch book" with the public? I'm talking about the 15-page or so pitch deck for your multifamily syndication business that you use to initially show to brokers, lenders and potential invest...
I have out of state properties that I visit 1-2x per year to either have a meeting with the Property Manager or conduct a walk-through if there is no property manager.
If I use reward points for the flight/hotel/re...
Hello guys, I finally find a lender that can do a 45% down, 30 year fixed 8.25% interest rate for me (foreigner nationals). Is there a way that I get any cashflow from that kind of interest? I reside in Atlanta and is...
How do people estimate rehab costs when driving for dollars for off market properties when all you ever see is the outside? Like if a property is vacant with out of state owners? You obviously can see the state of the...
Hello BP members! Does anyone have a sample estoppel letter they'd be willing to share? I am purchasing a duplex tenants in place. Thanks in advance!
Just curious to see what people’s go to strategy for creating wealth is. For me when I need some fast cash I’ll flip cars. I can buy and sell roughly 4 per week as long as I can keep finding deals. I can profit aro...
Ok, I thought I understood equity, down payments, and purchasing. But maybe not? Hypothetical deal incoming:Purchase price 65kValue 90kDown payment $0 (not counting closing costs etc. it's an example!)LTV: 72%Okay, th...