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Hi All, I have been an accidental landlord for about a year. I ended up moving to another state and couldn't sell in time. The house is location in Oak Brook, IL.In the end I went ahead and leased out the property. An...
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Hi everyone!I've been negotiating the purchase of a triplex in upstate NY (Hudson Valley) and we're soooo close to coming to an agreement on the terms, but a half-buried oil tank is throwing a wrench in things. I'd lo...
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The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
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My offer on my first multi-unit (7) was accepted. Since then I have been talking to insurance agencies, finance, code inspectors, and researching taxes more carefully. I no longer think it is a good deal.. I have a...
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Hello BP,
A few days ago I posted that I had sent out my first batch of 50 yellow letters. Well, I've gotten 5 calls! that's 10% response and I'll take that all day long. So today I got my first lead and of course...
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Just spoke to a developer in Northern Nevada, and he made a comment that was pretty shocking to hear first hand. Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sente...
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One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
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Morning, Bigger Pockets!I want to try to give back to the community that has helped me so much. If anyone has any questions on investing in the winery/vineyard space, agriculture, or questions about environmental issu...
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My first deal. I found a 3plex in my Farm area, absent owners, FSBO, good price for the area. I need an expert to walk me through this. Lori
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BP Pros, Is it just me or is it actually hard to find realistic +ve cash flow properties generating decent cash on cash returns around the KW-Cambridge area? We never have and don't plan to own our own roof to live un...