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Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
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Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
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Hey BP Nation! I wanted to get your 2 cents on whether or not you felt it is beneficial to have received a college degree (preferably financing) in your investing career? I believe college degrees are great for people...
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Economic Update
(Monday, April 26, 2021)
While the nation was focused on a Minneapolis courtroom last week, there was also history emanating from a Los Angeles courtroom. A federal judge overseeing a sprawling la...
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Just wanted to thank the BP community for convincing me to get my real estate license. The past few weeks of studying were quite difficult, but today I overcame all those obstacles to pass my Maryland salesperson exa...
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Hello BP I recently move to Orlando and have been searching for multi-family and have seen there is a shortage of duplexes , triplexes , and quadplexes has anyone built any in the last few years that can lead in the r...
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I am interested in buying another primary residence to take advantage of Fannie Mae's 5% down for multi family homes so I can house hack. I am a single female and cannot drive since I grew up in NYC, so I'd like to ge...
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Let's not forget about Syracuse, NY (but just from an investment perspective).
Syracuse, a prominent city in New York, offers a rich tapestry of culture, history, and education, highlighted by institutions like Syrac...
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I bought 2 triplexes in blue collar areas. I am very good landlord, I always fix things on time. I'll do extra stuff - for example last week it came down to repair the fridge or buying a new one. I went with buying a ...