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I was in naples fl this past week, noticed a property listed on auction.com for 125,000. Similar properties in the neighborhood seemed to be selling for 300,000+. Went to the open house, hoping for a potential sw...
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Gooood mornin guys!Yesterday I heard a few VERY interesting perspectives on a MF Zoom call that Tim Mai was hosting that I wanted to share with you guys and hear your thoughts on.
He was interviewing Robert Helms of ...
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Grant preaches that people do not think bigger... I consider my self a Big goal kinda of guy. I like to set the bar up high for me because I do believe in my ability to achieve my set goals. Im very willful when i set...
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I have an opportunity to purchase a triplex with a partner. The triplex is occupied and currently bringing in positive cash flow. Since it’s an investment property, my lender told me we would need to put down 25%. My ...
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Hello all, I had a question about a strategy I see all over the internet where people raise money from a "Private lender" form the down payment on a property and then the rest they raise either from the bank or from a...
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Looking for some second position lenders but I have not had much luck on google. Does anyone have any suggestions on how to find lenders that will accept second position?
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For a commercial medical building:BasicsBuilding Purchase Price: $4,000,000Building Appraisal: $4,300,000Estimated Deal Term: 10 yearsSenior Debt: 3 millionEquity Raise: $1,000,000Acquisition Costs: $85,000MP Contribu...
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*This link comes directly from our calculators, based on information input by the member who posted.
Well, just running some different scenarios for a loan for a 2 unit. No skin in the...
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Hi everyone! I'm Kevin O'Brien, a 29 year old engineer living in Chicago....I just wanted to say hello! A whopping 4 years after being introduced to BP, I decided I needed to stop making excuses and jump into the real...
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Huge news in the mortgage industry this past week!
You can now use low down payment on Multi Family properties using a conventional loan.
Fannie Mae just allowed prospective homeowners-investors to purchase Multi F...