We just received lender's appraisal on the property we area selling. While the market is very hot in our area and houses are moving quickly, I am puzzled why comparable houses (number of bedrooms, bathrooms, total s...
Are there still some city/suburbs in Canada where you can cash-flow positive/breakeven as an investor in the condo/townhouse market?
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
Good afternoon BP,
I am a new investor starting out my business model with lease option sandwiches.
My question is: how do I determine the future value/purchase price of a home when structing the lease option sandwi...
I want to purchase commercial real estate, but have zero experience in this space. Also with an expenditure cap of 500K I am limited on what I can purchase. Most of listings I've seen have been retail spaces. What...
Hi BP'ers,Needing to refinance 2 properties, one in PA and one NJ, following a cash purchase. I purchased using a line of credit guaranteed from investments. current bank is offering commercial mortgage at 4.75% on my...
Hi BP community,New investor looking for some help creatively structuring a partnership. I'm looking at making a purchase with a long time friend. We'd each contribute equal capital into the partnership, but our compe...
Hi, I've heard some gurus, Matt Terio to be specific, talk about a three option letter of intent. The final option is a principal only loan, where you divide up the payments over 20 years and simply pay off the house...
I'm currently selling a property that I hold a 50% equity stake in. This property is titled using an LLC. It is currently for sale and I would like to use the proceeds to purchase more property.
Question is as follo...
I’m selling my renta l and i should receive about 55k profit. I wanted to pay off one of my rentals that I only owe 30k on to increase cash flow. Then pay off some debt to make me more bankable for a heloc. Is that a ...