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I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...
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Hi All,I do have a question that seems so basic to me but I am not sure what should be the right answer & hence posting it here :-)When calculating Networth, how to enter the value of a property?For example, a) If...
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I recently converted my home into a STR. I wanted to stock it with nice to haves like laundry detergent, drying sheets, shampoo, body wash, conditioner, scent oils for a diffuser etc. So far I have been providing a fi...
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I'm sure this on other places within threads, but what do you typically like to see in terms of investment from the Project Sponsors on Multifamily Syndications? I've seen on the web anywhere from 0-25%, but this seem...
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There is an 11 unit apartment complex for sale in my area that I believe has some value-add opportunities. However, this would be my first foray into a commercial multi-unit. I do have some experience with rentals a...
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The “National Real Estate Investor" interviewed Edward Dittmer about how popular department store closings affect the malls and anchor stores. According to Morningstar, J.C. Penney is closing many of its own stores. M...
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Hi BP world,
I’m writing today because I wanted to see if you guys can give me tips on do’s and don’ts to get approval from a hard money lender. My track record for real estate is none but I have good credit and a de...
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http://www.pategan.net/AOS.pdfHere's a link to the contract I'm using. My issues are on Page 5, and 12Question about how to fill out the Sales Agreement. The property has a private, on lot sewage system. "B" STATUS ...
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I just got off the phone with a portfolio lender that my realtor, @Edward Pluchar, referred me to. I got approved! They sent me this questionnaire to fill out and I have a couple questions. What is the highest mid FIC...
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Hi there - I thought I was all set to start my investment journey before I spoke with my financial adviser yesterday. Now, I'm confused and could use some help. Here's the sitch:Before I discovered Bigger Pockets, I w...