I'm considering purchasing a government owned apartment complex that is totally vacant with 50 units. I can buy the property for next to nothing as long as I agree to rehab it, which I'm estimating will cost between 1...

Hi Everyone, we have been acquiring single family rentals (>10% cap rate) in St.Paul and Minneapolis the last 12 months and we are noticing the demand for affordable single family rental (1100 - 1500)  is increasin...

Hello BP,During one of my direct mail campaigns( I am a wholesaler) I came across a property that I need some serious advice on. Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one ha...

The buzz around the country right now is the shifting economy and that is no different in the real estate sector. With the Fed raising the overnight interest rates and implementing Quantitative Tightening (QT) to comb...

Hi, my banker said - We are needing a minimum extra $20k in cash flow in order for this to debt service at 1.25x, which is the industry standard lowest it can be to approve loans, your's now is .98x.  Is it possible t...

Currently looking at an investment as an LP and the sponsor is assuming a refi at the end of year 5 with a I/O term of 36 months.To me this feels like they are doing that to juice the returns in the pro forma and errs...

How would you start investing if you and your wife had $100,000 to invest in SoCal? Note: she wants a yard for the dog and a decent neighborhood for primary residence. We're open to moving and/or purchasing out of sta...

Quick question to those who are in the rental field:
When you are doing a loan buy down (paying extra on the monthly mortgage), how much extra do you recommend to put towards it? 
Is there a rule of thumb for this?

Our school district is getting ready to get rid of an old high school building built in 1905. My husband and I have dreamed of turning into an apartment building. I reached out to the district and got the opportunity ...

You have closed on your hard money loan and now it is time to get your rehab going......I created a list to save you some time:  Please use the following building permit checklist if you are planning a rehab in City o...