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Hi BP, I am newbie looking to get some experience underwriting small apartment complexes. I have found a few properties on Loopnet that could be good practice.Is there an industry norm for how financials are shared wi...
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Hello BiggerPockets Community!I am new to real estate investing and new to BiggerPockets and have to say how thankful I am to have found this community. Im a CPA by trade with a primary background in financial stateme...
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Hello everybody, i am a real estate investor who does fix and flips. I have been using asset based lending so far to finance my flips. As many of you know, the financial markets are not performing well as of now, and...
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I received a second counter offer on a 6 unit apartment building. As a part of the offer, they are asking for a pre-qual letter. Is it possible to get a commercial pre-qual without the complete financials on the prope...
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
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Hello, all I would love to get some input maybe some book suggestions or just some more experienced advice.... I am a acquisitions manager for a wholesaler here in Oklahoma I have yet to buy any SFH and I am wanting...
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I have had discussions with someone who is looking to JV partner on these properties and looking for $200,000. Below is some of the details of the deal.The question I have is how do I protect myself and confirm the c...
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Hi All,
I want to make an offer on an REO. Should I purchase the property in my name or my corporations name?
I'm afraid the bank will want to see financial statements and some tax returns for my company, and since...
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After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...