I know the Cap rate is a significant factor in determine the the true value of an apartment unit. For example the laundry unit or pool or rents in an apartment when buying becomes a determination the the true cap rat...
We bought 2 homes in 1 lot. We have rented 1 house. It has its own different address. Our loan is for our primary address. So, our mortgage payments are combined for both houses. Let’s say we pay X amount in mortgage....
I'm considering the purchase of an old 30k+ square foot school building built in the mid-1940's. What contingencies should I place in my offer? Asbestos, lead paint, a sound structure & roof, .... anything else?
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Hey BP,
I'm new to the development game. With that said, I'm closing on my first 48-unit ground up deal in about a month. We're buying it completely entitled with an approved PUD in place, so we were not involved in...
For the home value, does one use the tax assessment home value or a recent bank appraisal?This is for a 2 family home, the owner lives in one unit and a tenant in the other.I heard that either can be used, but i’m not...
We have recently been looking into flipping houses. I was wondering how to determine if I'm paying too much for the house? If I use the 70% rule...How do I know the ARV of the house before I buy? And can you hire an i...
I want to purchase commercial real estate, but have zero experience in this space. Also with an expenditure cap of 500K I am limited on what I can purchase. Most of listings I've seen have been retail spaces. What...
Hello all,I had a question about PMI. Is it possible to buy a property using a conventional mortgage without 20% IF the subject property is being purchased for 75% or less of the appraised value?TIA!
My wife and I own and operate 23 senior living communities (assisted living, memory care, and independent living) across Colorado and we are now expanding into Arizona. I've often had people ask if they can invest to...
I’m an avid listener and follower of Bigger Pockets, and want to tap the forums for some advice! I’m a new real estate investor in the Cleveland area and have a couple general and area specific lending questions.
Ar...