So I have stumbled upon a very unique deal and I would like to get some opinions on it. Here is the scenario.Investor owns a property that has an assisted living business being ran out of it. They mortgage is currentl...
There is a property that we want to acquire. It has a Department of Revenue lien (on a junior position) that brings our cost of acquisition higher that we want to pay for the property. First position lien holder start...
Have a question I can't find an answer to. I just bought a house that I am planning to rehab and sell and hopefully profit enough to pay cash for another with those profits and then rent the second one. This is not...
My wife and I are interested in opening a child care center in Portland, Oregon, and I am doing preliminary research on what it will look like to enter into a commercial lease arrangement on a space that's, say, 2500 ...
I am starting several projects in San Antonio, TX where I will be the GC for the projects. I have been obtaining insurance quotes to satisfy the City of San Antonio requirements for insurance. The quotes have sought i...
Hello!Finally introducing myself after 6 months of learning with the BP Community. What a GREAT place to learn! and man, some of you are SOOO young! LOVE the energy!Perhaps I can show you what a 62 year old grandmothe...
Hey all - wanted to see if anyone out there has used a DSCR loan for an STR. I have a few STR's all under conventional loans in my personal name (title is in LLC though), which is effecting my DTI/shows up on my credi...
I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...
Im looking to expand my str portfolio and looking for help in how to analyze a property that has 3 units. I have gross figures for past years but how do I go about calculating adr and occupancy?
Hi BP - I'm trying to purchase a 4-plex in Sacramento, CA that I can either use as a primary residence (owner occupy one of the units) or as an investment. Total purchase price is around $1mm. Property generates $66k ...