Hello everyone!I’ve been a BP member for a few months and am finally listening to a quick tip! I’m Morgan Ross, currently residing in Manahawkin, NJ. I am finishing up my graduate degree in speech pathology and found ...
Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...
I was investigating certain hard money lenders and was seeing 15-18% with a maximum term of 5 months...that seemed outrageous to me so I wanted to check in and see what would be considered a "good" rate.We can use an ...
In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...
Hey all!I'm Jake. And I have little-to-no experience in real estate. I worked for a property manager in high school doing repair jobs and general upkeep, nothing glamorous. Then I attended Hillsdale College '13 (BA Ec...
Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
Hi All, Jason, from Marquette, Michigan. I'm 37 years old and the director of the Marquette Chamber of Commerce. A little over a year ago, after my father passed, I came to be an owner of a 5 unit apartment building. ...
Greetings from Charlotte, NC. My name is Evan York, and I am new to the forum in hopes to find some answers for a project a business partner and I are pursuing. My Co-Founder and I are developing concepts to up-cycle ...
I have a rental in rochester NY I want to cashout refi, I owned it since may 06. I have a 610 credit score, want to pull out max sum I bought it for 25k I think it should apraise for 35k.
Hello everyone I am just starting in real estate and my main focus will be on house hacking. I have a general plan I would love to share with someone who has been down the path i plan on taking and also get a overview...