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Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
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I have a 4-plex with 4 parking spots. People keep parking in our vacant spaces or blocking the driveway. The tow companies never come when I call them. And I'm also slightly afraid of a retaliation if I have someone t...
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I purchased a house in October on seller financing.Since then I have rehabbed and rented out the house. Purchase price- $80,000Rehab cost - $20,000ARV - $140,000I am wanting to cash out refinance and pull out some of ...
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I have a 64 unit apartment complex under contract here in Colorado, and we are wrapping up our due diligence. In our unit walkthrough we determined that all the unit panels are Zinsco's, probably original to the prope...
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Hello BP Community, My business partner and I are currently under contract on a Triplex 1 block from the beach in the Panhandle of Florida. It's an excellent property because it will cashflow well as a LTR, but substa...
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I’m a new investor. I have about 100k to invest. I want to use the funds to buy as many cash flowing rentals as possible. I haven’t been able find lenders who will lend for under 100k purchase price. Is there such...
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I know rates have been climbing which I expected but on Monday I was pre-approved for a rate of 5.125. I call today to verify the rate before I make an offer and it shot up to 6% in just a few days. Does anyone know...
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Monthly data through February 2023 for MA in total shows a very strong cyclical market. The big story here is the very, apparent, and continual, lack of inventory in the Multi-Family marketplace. We saw inventory pick...
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Hi all!My name is Madison Heck, I'm a 25 year old product manager at a tech company in New York City that is looking to shift into real estate investing on the side initially, but transitioning to full time once I can...
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Do you use dynamic strategies or do you prefer fixed rates?
Normally dynamic is usually used in low seasons creating special offers and promotions to generate bookings, how do you work with it?I read them!