Reginald Currie
Hard money lender
Hi GuysI have an opportunity with a commercial lot where the previous owner has demolished the building. The lot is surrounded by two shopping centers that were built within the last five years and sits on the corner ...
Daniel Michalik
Need some help on direction
So here I am chomping at the bit trying to figure this thing we've come to love(or hate) called Real Estate Investing and I need some HELP. I'll try and keep this short.I'm at a point where I feel like I've learned en...
Gail Shulski
PML Calculation for Interest payments and Payoff needed
I'm about to close a deal with a PML for $150,000, 12%, and 2 points. I'm going to pay interest only for 6 months and then a balloon payment of the balance on the 7th month (after I'm able to refinance with a traditi...
Justin Carter
Thoughts on Baltimore Market (Buy and Hold)
Hello BP Community! I am currently based in Chicago, IL and relocating to the DMV area in a few months. I plan to start investing in the DMV area and was wondering what submarkets are worth looking at from both a flip...
Neems Y.
Texas 4 plex MFH 2 bed/1 bath each
Hello BP. I found this deal that seems promising and I wanted to run it by someone to see if I am missing anything. Note: The numbers listed are provided by the seller and haven't been verified yet. Some numbers are e...
Ramon Robert Rios
SFH or Duplex for First-Time Buyer
Hello BP Friends! I am new to real estate investing and I wanted some feedback on the type of property I should buy for my first investment.I am looking to purchase a property in either Norristown, PA or somewhere in ...
Shawn Pehrson
Rental tenants
I was contacted by a company that works with the department of human services. They are contracted to find rental property for high level sex offenders. Rents and lease will be in the name of the company The tenants...
Greg P.
Contract for Deed Help - Not sure where to go with this
Hello everyone. I'm having a calculation problem and was wondering if someone could help me do some math. I have a private lender willing to borrow me exactly $187,131.95. They are willing to do a balloon of 10 ye...
Beth Osler
Looking to pull equity *quickly* from almost fully owned Mixed Use Property
I own a mixed use property in Hermann MO with only 5k left on mortgage. All 5 units currently rented: LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month. Last appraisal was Jan '17 a...
Michael Scott
Short Sale Lingo....
Anyone know of any good terms to use when talking with the lender to let them know you know what you are doing from the get go?
Just looking for some terms to help get them to drop their guard from the beginning.
Th...