Adapted from a twitter thread (@RobinSimonESC), thought I'd share here!
"DSCR Loans" are popular investment property mortgage loans for real estate investors, perfect for people that struggle to qualify for convent...
Some investors will use the BRRRR strategy where I’m from. Everywhere I read they mention things like appraisals coming in low, people not refinancing for what they hoped for, unexpected construction costs, it taking ...
I was wondering if anyone has any experience or knowledge about refinancing a mortgage that was initially a primary residence that has now turned into a rental property.In 2015, I purchased a condo on a physician loan...
Hello,
I am wondering how this would work. Are there rules, particularly in Pittsburgh, PA, around what you must honor for prospective applicants if you change your rental rates and concessions? If for example you re...
So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...
I have heard that the UDFI tax rate dropped to the corporate rate of 21%. Did the new tax law also change the UDFI tax rate to 21%?
Many people incorrectly assume that interest rates are the largest factor contributing to the direction of the real estate market. Though changes in interest rates have an impact, a combination of related factors cont...
Hello BP members, We are looking at an 8 unit MFU for an asking prince of $419,000. A price per unit of $52,375 with a projected 7.47% Cap Rate in 2015 or projected 11.16% @ 100% occupancy. Right now 7/8 units are ren...
NFIP 2.0 - What’s Changing with National Flood Insurance and Why You Should Care.
It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way.
Risk Rating 2.0 (that’s how w...
I have been doing some research and even called a realtor friend. Despite getting answers I don’t have what I feel is a strong feeling to what a cap rate is and how it applies to real estate and analyzing deals.