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I work at a brokerage and found an off market Multifamily deal $50M+ who is fielding offers. I found a buyer at an institution that has cash on hand ready to make an offer but is hesitant to sign an exclusivity agreem...
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Hey BP!I don't know about y'all, but I am having a hard time getting approved for a HELOC/HELOAN for my investment property.The #1 reason why I am getting denied is because banking institutions (the ones I've tried) a...
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Hi BP Community, This website community has given me the final nudge I need to pursue obtaining my broker's license this winter. I live in the Chicago area and would like to take a broker's license course while still ...
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Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
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Hello everyone, I have been studying RE investing for a few months now and deciding I want to invest in my 1st single family property, locally. I currently rent out an apartment with a one year lease (halfway thru), H...
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Hello,I have a 2AC piece of property that is properly zoned and I believe perfect for a multi-unit in Greenville SC. I currently own multi-units but have NEVER BUILT. After speaking with a few local agents/builders,...
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BP,
I am posting here to get your thoughts on this article:
http://www.reuters.com/article/2012/01/05/us-usa-fed-housing-idUSTRE8031SE20120105
In short, do you think a change in lending standards will be good for u...
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I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
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I see the debate between LLC or no LLC.....I already have one. My first property I bought with cash so there was no issue. I'm interested in some of the great options available with STR arrangements and would like t...