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Hi BP!Does anyone know how absolute triple net property valuation work? I know there's probably a lot of variables like sqft comps, the tenant, cap rate, etc. but to keep it simple lets say you have a property that's ...
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Hey successful investors - If you have a robust property portfolio do you still need a financial plan? Or as long as you have cash coming in you're all set?What are your reasons for having or not having a plan? Apart ...
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Hello BP Community, it's been awhile since I've last posted or have had downtime lately. Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and be...
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Do lenders actually lend on the income of the asset or it is weighted on the net worth of the borrower, or both?
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I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
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I have been doing REI research for 2 years now and I am ready to purchase. I am currently Active Duty stationed in New Orleans and will hopefully be PCSing to Maryland soon. I wanted to know if anyone had tips on the ...
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I have an appointment tomorrow afternoon with a commercial loan officer and want to be as prepared as possible so as to not shoot myself in the foot.
Here's my situation:
I am in the middle (in underwriting) of buyi...
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I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
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I am dealing with a broker that wants a pre-approval letter prior to showing me finances on a mobile home park. He is a residential real estate agent and this is a ridiculous request. However does anyone know a lender...
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Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...