Hi!So I have a question for a South Carolina attorney. I am interested in doing a deal in Charleston via seller financing, but the borrower still owes some money on the house. The mortgage doc states that if the prope...
Hi all,Looking for opinions on this MHP in NY, please.Here’s a snapshot:Pros:-10 cap- Value add (77% occupancy, potential to sub meter and bill back water)-90% TOH-Decent metro: 100k population, $96k median house pric...
My fiancee' and I were about to close on a house when the seller's lawyer notified us that the seller had a 2nd mortgage on the house which he owes money on. Apparently the seller's loan company got bought by another ...
I recently received an email from one of my friends who works in real estate. He fears we are in a bubble and it could collapse at any time. The following is his message.Hi Tom,I had a good call with my friend John to...
Help me understand Cap rate compression. I've heard many different iterations of this strategy and I am starting to think this is a make-belief concept. From what I understand, a higher cap rate indicates the expected...
Hey BP investors!Have any of you invested in the smaller towns of NE Colorado? Fort Morgan, Brush, Sterling, etc. Properties are lower cost with lower gross income but cashflow is still possible. The great concern is ...
I’m currently own & occupy 1 of 5 total units in a Medical Offices Condo Building. I have the opportunity to own the entire building over next 1-3 years. I have never dabbled in commercial real estate and worry th...
Hey there where do you think the real estate market in south Florida is headed within the next 18 months??
Good Afternoon Investment Community! I hope you're having a great Holiday season! Like this post if you live here and enjoy that we're in December and temperatures are in the 60s-70s during the day! I wanted to share ...
I listed with an agent and he brought me a buyer and we signed a contract. He kept adding more concessions on for me to fulfill that the "buyer" demanded. Now I FINALLY find out he is acting as a I think they are call...