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Newbie question here.
Commercial loan have balloon payments due in 10 years or so.
What if it's a bad environment (recession)? Will the bank typically roll it over? If you have first hand experience ple...
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Hey investors! Just a quick question for you guys. I'm looking at some properties and trying to come up with accurate rents. I came across https://www.rentometer.com and was wondering if any of you guys have heard and...
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Hello All, I’ve been thinking about investing in Detroit but I don’t know where to start my research. I would be an out of state investor. Does anyone have any advice on how to get accurate data about the numbers and...
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Hi all, new investor here, learning how to value properties. I read the most recent CBRE cap rate survey and a few other sources for cap rate information. It seems those surveys are typically focused on larger multifa...
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I'm facing some evictions coming up, but I would like to avoid them if they would just pay their rent and be respectful. I'd like to send out a letter to these tenants reminding them of the consequences of evictions,...
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Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
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So, I have a new one I haven't run into. A homeowner is getting more and more angry as his auction date approaches and we have no answer from the lender on if they will consider short sale.
He told me he would tra...
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anybody tried these yet, i was thinking about outfitting my rentals with them. so far reviews don't look good....
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Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
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Hi all.I just sold my condo and am aiming to buy 4 rental properties in the next 12 months using the proceeds. My problem is my DTI as my pay is pretty horrible, and I'm struggling to see a way through. I don't have e...