Amy Van Ollefen
Confused about LTV for Hard Money
I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...
Aaron Moayed
Still 7-12% Mgmt Fee for $600 Rent?
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
Timothy W.
Prepping for Cap and Trade effects
Alright,
As wrong as it is, it's a reality. No use pissing and moaning - we're going to have to deal with it. What exactly does it mean for us and what exactly are we going to have to do? I've m...
Kyle Lauriano
Seeking a Large Multi-Family Apartment Deal, Yet Don't Have Much
All,I am interested in going into a large deal (16+ units) opposed to a small MFA deal. How can a young, eager minded individual like myself get into these market deals when my capital is less than 100k? Is this even ...
Michael Clay
Hard Money Lending - My first time and I need help!
I'm going to be hard lending money for the first time and I need some pointers. I've inspected the property with the lendee and I'm comfortable lending her 80% of the value. She's buying the property for 125k and I'm ...
Matt C.
Am I being to conservative? 70% rule
Hi Everyone!Complete newbie here working on closing my first deal. I’m looking to fix and flip. As I’ve been evaluating deals I’m trying to follow the 70% rule. My question is how strictly I should be doing this in th...
Brandon Turner
Experienced folks: WHO researches your title? (I need help from all 50 states)
Here in Washington State, I go to a Title Company after signing a contract with a seller and the title company researches the chain of title and issues title insurance, and then the Title Company will actually close t...
Account Closed
4-Plex Analysis - Your Thoughts?
Hi BP community! This deal is on the MLS - 3108 W Palmira Ave Tampa FL Property Highlights:-Great location (A- area of town, Hyde Park/Palma Ceia)-4, 1 unit apartments at 550 SF each -Asking $260k or $65k per unit-Ren...
Keith Anderson
Conventional lending on first rental property -- advice?
We're headed down the path to purchasing our first rental property via a well-known turnkey provider. They've recommended a lender to us, and we're at the pre-qualification stage.We're likely to buy 2 properties this ...
Mac Caspersen
Where to move in the US for investing for the beginner
Hi Bigger Pockets friends!
I am in a unique situation in which I’ll be moving from Hawaii back to the mainland within a year after selling my business, and I’m trying to figure out where to move to. I will have a mod...