Francis Jimenez
Buying my second property right
I live in ny and I’m refinancing my house in order to continue investing. I’m thinking to invest out of nyc cause is too expensive. I’m going to receive 100g should I buy in cash or finance my next purchase? And any r...
Mike Lynch
Due Diligence Questions For Multi-Family
Hi Guys,Perhaps you see what seems to be a Multi-Family property that you are interested in on a website or MLS, etc. Some of the important property evaluation numbers are there, but many are not. At what point do you...
Megan T.
I've done $1 billion in Comm. RE acquisitions, ask me anything
I have worked as an acquisitions analyst for the last four years at a large REIT and then a private equity multi-family shop
I have acquired over 1 billion (with a B) in real estate spread across 22 deals in 5 states...
Christopher Johanski
FLIP FHA-REVERSE ASSIGNMENT???
A real estate attorney who is a type of person who is "solution" oriented and thinks out of the box, told me that I could do a "reverse assignment" to alleviate the seasoning issue when flipping to an FHA end buyer. ...
Kevin Chen
Purchasing and Managing Out-of-state Property
Hello BP!I am new to the site, so apologies if my initial questions seem basic. I was wondering if any of you have enjoyed sourcing properties in states you do not live in and managing those properties remotely? I was...
Michael Fortier
Self Managing vs Property Manager
Hi All, I am currently working on finding my first small multi-family property, the plan being to combine the house hack and BRRRR strategies. Something I've been going back and forth on is whether to get a property m...
Mo Sylla
The MAO:What's the real numbers?
In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...
Susan Maneck
Limit on mortgages
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
Tim C.
Crowd-Funding vs. self Investing is it comparable?
If you can find +9% cash on cash and +18% total IRR via crowdfunding would it be better than doing R.E deals yourself since you back out the time and effort factor to take a few % points less. I wanted to see what ot...
Karan Kanekar
Sellers never repaired AC even though part of renewed contract.
I recently bought a house in plano.I had a done inspection and found that the Upstairs AC was not cooling.I reported this to my realtor and asked sellers to repair it.Sellers never repaired the issue completely (they ...