Hi all, would like to hear your opinion on this deal:- Irvington NJ, at the southeast part- 4 family, didn't see the place yet, owner says it's in "ok" condition meaning no fixing required yet. all units are month to ...
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
First let me start by apologizing for not searching before posting.I have a test tomorrow on Cloud engineering and didn’t have time to search... yet I am here posting.My question is based on what it cost to buy multi ...
I am not sure the best way to ask this. When comparing similar commercial (NNN retail) properties, is there a method of estimating the sales price based on the remaining terms of the lease?
EXAMPLE: There are two...
Hello! Long time reader, first time poster! My husband and I have recently purchased our first home and investment property using an FHA backed loan with a 203k rehabilitation loan component. The initial purchase p...
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Hey everybody, I'm just getting started investing and am looking to purchase some rental properties in out of state markets. I'm wondering whether it's better to purchase these properties with convential loans, or ...
If you have a bank that will loan on your BRRRR and then refinance through the same bank. Is it worth paying the closing cost twice, with the other fees?? Or is it better to get hardmoney?
Hello everyone,
I'm seeking your input on a recent incident where a tenant caused a plumbing backup by using baby wipes. Upon discovering the issue, my management arranged for a company to address the problem. I had ...
Hello BP! I have a tenant who hasn't paid rent this month, and it is already the 20th! Rent is late on the 4th, but I don't have a specified date on the lease that says "if rent is not due by XX, than eviction will b...