Hi everyone, I'm new to BP but always reading posts to get answers and I'm wondering if I can wholesale an apartment (quadplex) if its underwater. The owner says the mortgage would be their problem so I'm assuming the...
Hi BP members!
I was hoping someone on the development side could answer a few quick questions for me. I am modeling out a multi-family development project to obtain financing, but this is my first dip into this sec...
Hello investors and real estate pros!I was hoping to get some advice on how much return on investment to offer my new investor. The deal is a single family ground up development on a vacant land that I found. The whol...
I️ have a private lender who has agreed to lend me a maximum of $200,000. I️ laid out terms of 8% interest only payments on a 1 year note with a 1% origination fee paid on the end or their investment would be an equit...
My name is Chris Teter, and I live with my wife and 2 kids near Houston, Tx. I've dabbled very little in real estate but have a growing desire to learn the trade full time. I have owned as many as 6 properties, and cu...
I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
Hi all,I've been searching for NNN deals and having hard time to analyze which one is a better deal. Most of the times, it comes down to 2 types of properties like below.Property A:- Low cap in the range of 4% - 5%- ...
I have been doing this LL thing for 6 years now. My average annual vacancy rate for my business is around 7%. That is taking all the occupied weeks and dividing by all of the available weeks (X100).
I usually have ...
I had a unit come available March 7th. I had applicants within a few days. They gave me a deposit on March 13th but didn’t sign their lease right away for an April 1 move-in. They asked to push the date to mid April t...
I have done a lot of google searches and how I came to this web site. Some answers but still confused. Here is my situation:We own a rental condo that has been in full time rental for a number of years and took depr...