Good Day All. It seems to me that so many BP or successful REI stories are about scoring properties at a steal, and following up with potential sellers with umpteem phone calls to convince them into selling their hom...
a close friend approached me yesterday with a possible rental deal. He knew I was in the process of finding my first property and he asked if I'd join him on this deal. We went over the numbers, some are based on la...
Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account to...
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
So once again a video about the problems confronting ABNB. See what you think. Especially check at 2:00 - 3:00. This explains why there are more 'bookable nights' than ever, But the more important figure, 'booked nig...
Hello BPs, I am newbie here and have a question related to DSCR loan. I own multiple rentals (with conventional loan types) and its getting tougher for my next big rental ($2M property) which I am going to purchase th...
Hi all!I'm just getting started in the Real Estate world and am looking at a few properties. A property that I am currently looking at doesn't have many comps near it to identify a realistic ARV. Does anyone have any ...
Hello BP community How do i run the number to see if i got a good deal or not? How do i know what is the most i can offer to win the contract, so that the buyer and I can turn a good profit?
In general what to commercial lenders look for when evaluating loans for apartment complexes?
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