Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...
Hello all,I am interesting in buying my very first investment property with an FHA loan. I am hoping to buy an owner occupied duplex...If I was approved for $140,000 on a single family home by my mortgage person, woul...
Hello,
My girlfriend caught her mom's nursing home performing elder abuse, and has it on record, and has proof.
She immediately moved her mom out of there and brought her to live with us here in California. We rent...
So I am finding my first problem. The fear of finding a deal and not being able to finance it. A lot of deals require a EMD. No problem. However, if you get that deal and put the EMD in, now it's on you to find the r...
Up until this point, I've been using flat fee listing agents to list my properties, main reason being cost ($500/ listing vs 3% of sale price). But as time has gone on and i'm listing more properties, my flat fee a...
Hi everyone,Newbie here. Looking for my very first rental property purchase (buy and hold). So first, I'd need to find the right US market. Would like to base this search on the RTP ratio. Can someone pls point me to ...
Does occupancy rate matter? Yes or no? I'd rather be 50% occupied, but pull in $500/night, rather than be 100% occupied at $250/night. Curious to hear your thoughts?
Just curious. I believe I have picked the route I’m going to take however I wanted others opinions before pulling the trigger. Like the title says, roof is flat TPO style with no crawl/attic. Due to poor ventilation m...
First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
If I were to create a firm (an LLC) that wanted to buy real estate in. Limited Partnerships are generally seen as the go-to business entity for tax and liability purposes. Naturally, the LLC would charge management fe...