New government guidelines below. I'm curious what happens to those homeowners that are investors or own multis??? Now they are out?
Government Announces Short Sales Guidelines
The U.S. Treasury Department announced ...
What does everyone think ? Will commercial real estate hold up this time if stocks tank again or has it all become “risk on”’or “risk off” where all asset classes become correlated ???
Hello,
First post here, but regularly scroll through BP for it's great real estate advice!
I bought a 1.4M, 7 unit property in Revere, MA 4 years ago, and used FHA Multifamily loan 25 year term, 30 year amort, 25% ...
Are there any published or known numbers for what constitutes a "good" return on an investment? I have not seen this info anywhere. I have bewen studying IRR=Internal Rate of Return, and MIRR = Modified Rate of Ret...
Fed Bostic is saying that we may see 2% inflation in 2026 only.Wow, can't wait to see lot more domino falling in banking industry/CRE. This is quite significant if they don't reduce rate at all until 2025.
The U.S. Government is nailing property managers to the wall in a bold move to control financial crimes.
BOI is yet another Federal program, “Beneficial Ownership Information.”
The BOI program, a key tool in the fig...
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
I've been working on a deal for a small commercial apartment building (5 units.) If this were a 4 unit instead of 5 (chop a unit's worth of everything off) I would have already bought it. BUT the commercial lending si...
This post relates primarily to California:
Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...
I’ve recently had a breakthrough and thought I would share. I’ve bought properties at tax sale in the past and the hurdle has always been obtaining title insurance. I have tracked down the former owners on previous de...