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Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
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Just trying to get a read on how much an appraisal typically costs for a construction multifamily unit. I am finalizing a construction loan on a 6 unit building in Philly which appraised for $420,000. Initially, I se...
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Hello,
First of all, thank you for taking the time to check out this post. BP is a great resource and has saved me thousands as I started out.
Situation: 100 year old building. Bottom unit is gas, top ...
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I would like to arrive at CapRate for performing note investments. Is it simply the annualized interest income of the borrower payment divided by the market value? Please advise.Thanks,Ray
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Good morning everyone,
I was just searching to see if anyone has any tips to help keep utility costs down. I already had a buddy replace all high light bulbs in a 3 bedroom home and his last 2 electric bills wer...
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Hello,I'm currently structuring a wholesale deal with seller financing. How do I apply my assignment fee? I was thinking out of the down payment (Increase down payment by my fee amount and reduce the purchase price ...
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My wife and I make ~$500k/yr. I'm an software engineer on W2 and she started as real estate agent about 2yrs ago. We are looking for ways to reduce taxes on the W2. We currently do not own any rental properties. We di...
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Hello BP family, I need your help. We're in a process of closing our 1st deal on condo. Going through an inspection right now and our inspector tells us the a.c. unit is about to have it and it's the end of its life, ...
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If you are a licensed agent and looking to build rental portfolio, assuming you represent yourself... what do you elect to do with buyer side commission? 1) Get paid as if agent
2) Try to Reduce closing costs
3) Red...
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I am currently looking for my first investment property which will be a house hack! At this point i would like to purchase the home on a 15 year term for the first 8 months or so and as i get roommates consistently pa...