So I have spoken to a few "investor friendly" lenders for the past few weeks. Rates for Non-QMs, Hard Money, DSCR loans etc...are ranging from high 9s to just below 12%. That is with fairly good credit and at least ...
Hi I'm thinking of purchasing a multi-family in Las Vegas.
Anyone familiar with the market?
I'm from Los Angeles, and the potential Cap rates/ cash on cash return in Las Vegas are ridiculously higher.
I'm guessing...
Considering the absurd housing prices in Vancouver, are there still "good" investments here? After much readings and previous forum discussions, 1% rule (even though it's just a yard stick) is definitely impossible to...
Looking at a Rite Aid in a low income area. Asking price $1,904,762Cap Rate 7.35%Annual rent $140,000Triple net lease5 year lease options, current lease ends 8/31/24Rent started in 1995.. so lengthy background, but th...
We have a 6plex in a partnership that we have had for about 1 year. My partner was doing repairs and property managing but is now wanting out of the partnership due to another opportunity. Currently I am trying to sel...
I own a 4-plex in Los Angeles and have built up ~$1 million of equity
in the property (bought in 2011, at the lows). I'm considering selling
the property and exchanging into more units (still in L.A.) but I'm
tr...
Hi, I'm just starting out and looking at a property in the 2 mil range with 10 units. It is a historic building in a Class A+ neighborhood. The property can pay the mortgage and opex, but doesn't provide any return on...
Dear BPers,I'm looking for your valuable opinion on an area in Sacramento, California - zip code is 95824 and the main cross streets are 47th and Franklin Blvd. I live in Pacifica, CA in the Bay Area(a couple of hours...
Over the past year plus, multifamily has endured some difficult blows. Most would agree the top three are interest rates, taxes and insurance. Breaking these three down on the direct impact they have had on multifamil...
I am looking to buy a decent sized townhouse in the Lehi area with the plan to live in it for a few years and then hold on to it as a rental if the numbers make sense when I am ready to move out. I have found a few in...