Hi guys, I need your advise/suggestions.When and if you'd invest in syndicators deal what questions would you ask to learn more about the process and vet the syndication. Let's say I am clueless about the whole thing ...
After overworking every number possible in a possible flip property, I'm ready to make an offer on a property. I'll be meeting the homeowner Monday to discuss that offer. I came across this property prior to it bei...
Acceptable CAP rate for multifamily properties in Ohio is as follow: Section 8 or any other subsidized housing is minimum 7.5%. For Market rate properties it is 8.5%. Student housing is minimum 6.5%. A good property t...
Please read below.
Hey BP community -I want to throw a question out there for those in the 100+ unit multifamily space, specifically investors, sponsors/syndicators or anyone who looks at a lot of deals. Do you have a target MOIC (multi...
Hello guys , I have another question, do hard money lenders borrow money for down payments? what are some of the way that do you guys use to get all the money that you need for the down payment?
I want to share something valuable with the Pro Members of BP Nation.Maybe you already know this strategy. Maybe you don't. And - this is not buying 20 houses in Detroit. :-)I know some Pro members who have used this...
Hello everyone , I’m 26 years old I have a stable income and I am looking to buy a multi family 3 units and up. I have never owned a property. Someone will co-sign with me if necessary. My issue is New York is quite p...
Hello BP,So I made an offer to a seller on CL about a month ago - it has been listed for quite a while. He ended up telling me there is still a mortgage on the home and told me the amount. I told him I wouldn't be in ...
Where to start?
I spent some time learning how to wholesale and during the process I decided to focus on actual rehabs. Im from CA (Los Angeles) and the property value out here is way too high for the funds I have av...