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Hello BP Family,I need ideas of how to approach this opportunity. Initially, I see it as a bad deal. However, I started to wonder how I can turn it into a good deal. The seller is my coworker, who has been mismanaging...
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After buying 12 single family homes - I have come to think the sooner I transition to apartment buildings the better. Economies of scale and bigger numbers make apartments seem more appetizing.I have a commercial lend...
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Hey! I am new to BP and am looking to find creative ways to acquire properties to buy and hold. I had heard about owner financing and wanted some insight from the pros. What are the advantages and drawbacks of this? I...
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I have land in a foreign country which I'm planning to lease it to the solar developer. It's going to be a 20-year lease which I'll be receiving the payment in advance. This foreign country allows the lessor to pay th...
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My wife and I own several SFR rentals in California that are being managed by a third party property management company. In California, our tenants pay all of their own utilities that are placed in their own names at ...
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I am analyzing a potential multifamily property that has a mix of dissimilar unit types (a combination of 1 and 2 bedrooms). It's easy to compare the per unit price of two properties that all have the same unit type (...
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Hello BP Community
My mortgage has been transferred three times to different company. How common is this. Does mortgage company is required to get approval before transferring loan. Please share your thoughts.
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My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...
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Pro's...
We are buying what maybe our 3rd double out of state, but I can't make owner financing work for me?? The owners are "motivated" and asking $59k for one/gross rents $900. 2nd double asking $79k gross ...
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I bought a fixer upper as my first home and was able to build some good equity. I tried to get a home equity loan with the intention to make a down payment on an investment property with the funds.I was told I could n...