Caleb Stephens
What's Owner Financing Story?
Hey BP nation,I'm working on a owner financed deal to purchase a retail/office building. I would love to hear your owner financing success stories and best advice. Please share your wisdom!
Richard Ballard
First Vacancy problems
Hi all, I purchased my first duplex back in June and I inhered two tenets. One of them is great the other one, the old owners’ stepson must not of paid his rent very often and so now he’s had to leave. I wanted to get...
Jorge Vazquez
Section 8 or Private Pay Rentals, which is the Better Investment?
Guaranteed payment by the government
Higher Rents
Incentives for tenants to maintain the property
A larger pool of tenants
The chance for a longer-term tenant
_________________________Versus______________________...
Lindsay West
How to subdivide land?
I want to know how easy is it to subdivide land so I can build a SF new construction on the land. I’m using a hard money loan to finance the deal. The land already has one single family home on it but could easily fit...
Russell Austin
Savannah Market
Hello everyone, I am new to posting on BP, this is my first post in-fact. I apologize in advance if this is a bit lengthy but I have several questions for those more experienced. I am a newbie investor in the Savann...
Michael Sellers
Owner Occupied Loans
Hi everyone,I live in a more expensive market, so I’ve been considering using an owner-occupied loan as to only have to provide 3.5% (or something similarly low) for the down payment. I’m priced out of my local market...
Richard Waterstreet
First Real Estate Investment - Best loan scenario?
Hey BP! I just joined the site about a week ago after ratifying a contract on my first home and have been consuming as much information on the site as possible ever since! I've been seriously looking to buy my first i...
Robert Reineri
Hard/Private Money "Pre-Approval?"
I've bought and sold a number of homes in my life , and even flipped a couple but I've always used conventional financing. Lately I've run across a couple properties on the MLS that's say hard money or cash only ,...
Account Closed
RE Development/Market Analysis and Tools
Hi,I am brand new to this forum, I found it through a Google search "commercial real estate development forum". I would like to start by thanking everyone for accepting me into your community. Please forgive my inexpe...
Page Huyette
This REO Triplex doesn't meet 50% rule--but does it still cash flow enough to purchase?
Running the 50% rule shows this vacant REO triplex at a negative cash flow, but when I run a more detailed analysis, it seems fine. I'd appreciate insight on this deal:
Purchase price: 209k max with 25% down
Gross ...