Conrad Feh
HELP!!!!New Investor...First Deal..Loan Issue!!!
Hi BP family,I am a new investor and currently have a contract on my first potential deal, but having some issues getting financing and needs some advice. Here is a breakdown of the issue:Property/Land is in the Alpha...
Kathy Yao
Need help with a deal analysis
Hi BP family!
I am analyzing a deal in South End neighborhood at Charlotte NC.
The house has some "hard" issues:
1. pretty steep hill in the front with stairs to the front of the house. No driveway in the front....
James Cecere
Mult-family Unit in Gentrifying Neighborhood
Investment Info:
Large multi-family (5+ units) buy & hold investment in Philadelphia.
Purchase price: $795,000
Cash invested: $60,000
6 Unit building in an up and coming area; existing renters an...
Kevin Polite
Portfolio Insurance issues when mortgage co ask for declaration
I have a portfolio insurance policy on my rentals and I get much better rates then when I was using the large national insurance companies with catchy TV ads, However, it's such a hassle for them to break out an indi...
Henry Clark
Self Storage- Making an offer on land
We operate in a 40 mile radius from our house. Anything is fair game within that driving radius. We have been really hammering one town trying to expand there and looking at all potential properties with a realtor t...
Enrique Vazquez
Converting a Time Share building to regular apartments
Hello, I have a close relative with an issue on his time share. They bought it for all the wrong reasons and now are annoyed on all the fees they are paying. They have never used it. It is now a class C facility on a ...
Kevin Kim
Habitability requirements for rent?
We're about to buy a property in high desert area. In the property, there are 2 old manufactured houses: one is 1978, and the other is 1975. We want to flip little bit, and rent. The area is hot in summer, cold in win...
Benjamin J Paoletti
Age of Multi-family buildings in Chicago
Many of the multifamily properties listed in Chicago (in the $400k-$600k price range) are built between 1890-1920. I noticed many of these foundations have settled, cracks in plaster, dips in the flooring, etc. If the...
Kev Li
Best way to pull cash out of rental property?
Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state. I am currently living in the southwest. I am hoping to pull pull out the cash from t...
Joe Black
House Hack with Red Flags - Need Advice
Hi All!I am one year into my first successful house hack and I just viewed a very promising potential house hack that has some red flags that may cause issues with renting the units long term. I plan to live in one un...