I am currently under contract for a fourplex and putting down 25%. Not living in it.I’m getting quoted 4.75% with zero points paid.Is this competitive for today’s market?Also Incase I decide to go with this lender sho...
Hey BP!I spoke to my first realtor today, and told him that my goal was to buy a multi(2-4) unit building in a neighborhood like Humboldt Park, Avondale, or Bridgeport in downtown Chicago. Both he and the mortgage br...
I am in the Dallas/East Texas market, and am interested in getting involved in real estate as a long-term investment strategy. Because my aims are long-term, I am comparing potential Real Estate Investments with the l...
Hi all. I have been considering investing real estate (renting) and have been stretching my legs through the neighborhoods to get a sense of things, reading these awesome forums, and generally noodling out my busines...
So maybe I'm overreacting, but I need to know what my fellow BP members have to say. Here's the story. I'm working on my first flip, I chose to use my friend and contractor of 18 years, to do the rehab. Today as we'r...
Good evening,I had made a post earlier about the prospect of getting a list of SFH that are not on the MLS. Unfortunately, I have had no luck on being able to locate anything that is not cash only. I am in the San Die...
Hi everyone. Would like to get some perspective from folks in the flipping business. I live in a very competitive area (Brooklyn) and looking to start my business in two additionally competitive areas (Hudson Valley a...
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I have been getting into a few portfolio lent ARMs lately(maxed out on fixed rates) and I'm wondering, do ARMs keep their interest rates at market competitive rates? They wouldn't just cap it out right away at the ...
Do you want to gain a competitive edge and secure better terms? Leverage your findings from due diligence. Here's why this is so important for negotiation and decision-making.
First, understand the seller's professio...