BP Community:I am a new real estate investor seeking to purchase my first investment property. I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a littl...

The property is a 3/2 main house with two 1/1 apartments out back. The apartments rent for 500 each per month and the house for 1500-1600 per month. Purchase price is 200,000. Comps 300-350,000. Main house needs roof ...

Hey all, I've got a 20 unit apartment I'm looking at 2 blocks from a major university.  The listing was pretty vague, but I've dug around and gotten some of the background information on the property.  I've come to th...

I have this ten 2/1 apartments under contract. My banker said originally that they would finance it as they did another one for me 7 months ago. I did not go to other banks because we have a good relationship with thi...

Hello BP!I networked with a gentleman by the name of Jason Coutts, who runs Willow Oaks Properties LLC, on LinkedIn and I was open to talk with lenders since I'm working on syndicating an apartment deal.But upon getti...

Hi everyone,

I own 1 condo within a 4-unit building. I rent it out. The HOA is self managed - and by self-managed I mean that I pretty much handle the day-to-day because nobody else wants to do it.

The 3 other u...

When hearing discussions around BRRRR Investing, I never seem to hear many details on what options are available for purchasing the first unit. Would it make sense to pay cash for the first unit, then refi after acqui...

I’m looking at building a relationship with a local credit union or bank in the Birmingham area focusing on apartment complexes. What lenders have you had success with in the area? Who do you recommend putting on a sh...

Are there any apartment investors willing to talk about how they started in the apartment world, your first deal, any unexpected problems that may have arised and how you solved them, where you find your deals and esp...

How does one go about getting assignments as an agent from banks/lenders to do broker price opinions? What do they usually pay to do such a service?

Just looking to help a good friend. I know they are out there bec...