Rod Cordsen
Question about qualifying ratios and procedure
I am trying to understand the procedure for qualifying income ratios for Fannie mortgages. Investor or owner occupied.How do they count rental income from new purchase? I understand for existing rental properties the...
Max Himelhoch
Best way to start the conversation with an off market property
Hey All,To keep a long story short, found an investment property that I really believe in. It's off market, but in it's current condition, can't believe the owner is that connected to it (appearance is very bad, from ...
Brian Plajer
Lining up Financing before the deal
Hello, How does one go about learning lender requirements for apartment building financing, prior to getting an apartment building under contract? Is there a section, that I'm missing on BP, for commercial lenders?
Matt Roberts
Help! I'm in over my head.
I found a deal but it's way more house than I was looking for. It's an apartment building that looks like it will cash flow very well and I would like to get it under contract but I have never bought a commercial prop...
Nivetha Vijayaraj
Bank fail Reason Due to interest
Hi All,I have seen news about a few Banks are failed due to interest rate hikes.Can someone explain how interest rate hike affects the bank?What is the reason for SVB, the first Republic, to fail? Trying to understand...
John L Desimone
Seeking Assistance: Finding a Seller for a $100 Million Single-Family Home Portfolio
Hello esteemed forum members,
I come to you today seeking your collective wisdom and expertise in a quest to locate a seller of a remarkable $100 million real estate portfolio, exclusively comprising single-family ho...
Gus Tsesmeloglou
House Won't Sell--Bad Neighbors
BP peeps! I need help. I need to sell my FIRST FLIP, which is located in Belton, SC, but there are a couple of neighbors who yell, and scream, and have unruly children and a big dog that has scared away all prospect...
Kristen Haynes
5 % down loan options now available for Investors- even Multi-Family!
Hello, friends! As a Real Estate Broker of 33 years, I get lots of emails about loans, finance, deals, etc. But this one is SPECIAL, so I thought that I would share this with you. This group, MCF Mortgage, will financ...
Taylor Cawkins
Making adjustments to my Comp properties
Hey everyone, I’m trying to learn how to analyze properties and part of that obviously involves using comp properties. My question is how do I adjust the price of a comp property based on its unique differences? For i...
Scott Meitus
Be Careful When Choosing Comps.
Be Careful When Choosing Comps.By Scott A. Meitus, October 20, 2016When an apartment investor is evaluating a potential acquisition, the properties selected for comparison to the subject are critical to developing a p...