Rich Emery
DSCR without penalty for selling early?
Hello BP Fam,Most DSCR lenders I've spoken to have a penalty for selling a property within the first 5 years of purchasing the property. Does anybody know of a lender that has DSCR loans that do not have this penalty...
Abe Osman
Hello from Socal - Some observations
Hello All! Glad to have found this forum. Ive built my life based on things I've learned from the internet, and looking forward to the next chapter in RE. Ill give a little background and then I have some questions th...
Gaetano Citera
Multifamily Loan Types
Hi all,I'm getting started in my real estate journey, I currently flip homes using a hard money lender. I want to buy and hold some properties and am looking for 2-4 unit multifamily's. I have been underwriting many d...
Octavio Warnock-Graham
Shared wall liability question.
Hi All,I have a weirdly specific legal question and I hope someone out there can help.I own a 2 story building in NYC. My building shares a common wall with a neighboring property. However, the neighboring building is...
Xiuyuan W.
What could be your financing strategy for net lease commercials?
I noticed that most of commercial lender would only provide a financing term that shorter than lease term for single tenant property, so owner will have to seek refinance/resell at a time when the initial lease would ...
Anthony Crawley
Rental
Renting my house 1150.00 month house payment 1235.00 refinanced 205.000 at 3.4% how to get house payment down
Allen Collier
Prospective tenant wants six month lease
This is my first property, and my first prospective tenant. They will be listing their home in another State next month. Currently, the wife just moved here as her husband has been in the area working. They are in an ...
Mark Bondurant
Buying a property on verge of foreclosure
I'm wanting to put an offer in on an on-frame modular in North Carolina. The owner has missed mortgage payments for about 3 mos. If I move fast, shorten due diligence and pay cash to close in say 3 weeks, can the bank...
William P.
Loan for property in LLC, how is it underwritten
want to buy a 2-4 unit building here in Calif. Will be partnered up with 1 other person and will hold the building in an LLC. The situation- property will cost ~750K, wont need major rehab, would pay any rehab in c...
Elena Reyes
AirBnB Laws in Las Vegas
Hi BP,
Is anyone doing Airbnb in LV? What has your experience been like? What areas are you in? I know STR are not allowed in unincorporated Clark County. Does anyone know where I can look up Airbnb permitted areas, ...