Trying to offer ex an amount for condo were both on title and mortgage for. How do I get an accurate value based on HOA financial health and interior defects? Something in writing I can use in court to argue what the ...
I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...
I’m considering a 20-unit multifamily property listed at $1.6M, but the seller has indicated they’re willing to accept $1.25M. Here's a breakdown of the situation:
Current Occupancy: 80% (16/20 units occupied).Curren...
I bought an investment property last year in NJ. It was intended to purchase it the form of a partnership. However, due to COVID my business partner was not able to come back to US at the time of closing and the towns...
Hi Guys,It has been awhile since I have posted, been a busy 3 years. Started flipping and now I'm on my 4th flip a big property in DC. Found some solid contractors and I have learned so much. Now I'm thinking, I ha...
Hey everybody all responses are greatly appreciated thank you so much! My question is how do I take over my grandmother's mortgage, is that even possible? Would you have to just have to buy her house and get a complet...
Last year I purchased a home from a builder which is now almost finished. home prices, even on the same street have gone down, where inventory homes are discounted by 10%. I'm locked into a purchase price from last ye...
With it being the 1st of the year, I was curious if anyone else would mind looking at what AirDNA reports for their STR's and say whether their gross income was either under-reported or over-reported, and by how much?...
Have any fellow lenders tried BP's new Featured Lender program? I have heard mixed reviews about quality of the leads from the Featured Agent program but I can't find any reviews or feedback on the lender side. I'm a ...
I’ve heard both the 1% and 2% rule thrown around on bp, and it seems to me like these are pretty different numbers. Does anyone actually find 2% properties? And I feel like the 2% rule is more of an exception rather t...