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My wife and I have been looking at various properties for BRRR, or buy and hold. We get a lot of emails from a big company that wholesales 5 or 6 properties a week, they say. They have their own lawyers, title co, r...
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Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
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For all you contractors / rehabbers - help me out here. We bought a house last June and hired a GC to do about $60k worth of work - the main thing being to replace all the cloth wiring in the house, as well as upg...
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I've been pursuing a deal to invest $20k, sourced from my SDIRA using a 65% LTV solution. This loan solution must be non-recourse and is designed for the purchase price of $50k, and loan amount of $32,500. Borrowe...
Hello,I'm planning on accumulating several dozen single family homes with cash over the next year, and then getting a non-recourse loan so I can leverage up the portfolio (without risk of personal bankruptcy). I am s...
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Hello BP community. My name is Charlton. My wife, I and our newborn daughter live in central Arkansas where I work as a full time Mental Health Therapist. We are a one income family looking to increase our cash flow a...
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Hi BP,
We have a
semi-urgent electrical issue that needs to be solved in a matter of days rather
than weeks (a tenant bedroom outlet and dining room light is out due to a power
surge). We realize that we need a...
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Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
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Hello BP members,
I purchased a 3 bedroom house for rental with cash and just finished the rehab. However, it turns out during the rental inspection that this house can be only listed as 2 bedrooms because one small...
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Hey Everyone,
Newbie here working on getting my first commercial multi-family deal, and I have 2 questions regarding market analysis.
I am in process of determining my shortlist of markets to enter based on the be...