Jay Ben
What determines the class of a building and the class of a submarket?
If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area? And is the year built how most of you determine the building class? Thanks
Rick Tripp
Fractional mortgages
Does anyone know if fractional mortgages are available in this market?
April C.
Investment Opportunity - How can I finance?
Hi BP! I am just getting into the RE investment market and came across a great deal. I currently own my home with good equity (around 500k equity and single mortgage). I have two LLCs, one operating as an SCorp (an ...
Gi'angelo Bautista
Commercial or residential broker to Developer
I always hear that becoming commercial real estate broker is the best path for transitioning to real estate development. What's the reason?
My goal is to develop condos and apartment buildings. As a residential agen...
Jeffrey Richard
How to monetize unlimited funding
Our friend comes from an extremely wealthy family and has an investment company. They typically buy shopping centers, outdoor shopping malls and big multi units. He has expressed interest in helping us out but need ...
Account Closed
Profit Sharing of GP
What % of GP profits are typically shared with someone who raises 95% of the deal equity?
Let's say total equity raise is $1.7MM and the LP's are not guarantors in the value add deal. The person will assist in some p...
Michael Galvis
Potential new construction
For anyone that has done new construction deals in Philly I have a question. I have a potential property that I’m trying to put under contract but it’s a strange one. First of all it’s two properties that has been con...
Andrew Nesbitt
Hard Money loan questions for my first flip
What are the typical terms for Hard money? I want to get an idea of what the current interest rate is, points, how much I need to put into the deal and how the disbursements work for the rehab. Are there upfront...
Terrance Clark
Hard money questions
When dealing with a hard money lender can some one break down the order of operations. I would like to know how the home inspections work as well as renovation quotes?
I'm am located in North Carolina purchase price ...
Chai Jonn
New Construction homes Nashville under 300k
Hello,I am looking at different markets for new construction SFH 3/2 under under 300k. Nashville is somewhere I lived before so familiar with the area. I would like to know more about builders and info on New Construc...