Hello BP Community!I am just starting my investing journey, but I have been listening to BP for almost 2 years now, doing a lot of research, and getting myself into a better situation financially. I've narrowed down t...
Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted. I do not want to turn i...
Hi All,
I'm interested in Small/ medium multifamily investments in the Provo area and was wondering if there are any groups/investors that were active in that area.
I'm interested in C, B- properties with value play...
In the past year or so I have been increasingly interested in leveraging discounted notes to diversify my portfolio. I prefer 1st position notes but certainly understand how others like and do well with 2nds.Initially...
My husband and I are looking for our first investment property. We have put in four offers over asking price, 18 day close, waiving inspection (my husband owns his own handyman business and we have a contractor worki...
Hey Bp!In the future(5 years+), partnership or myself, I would like to be qualified with a portfolio lender to finance a 5+ unit. What are the financials and track record requirements that lenders like to see?What is...
I’m considering starting a Self Storage business to find locations, build and flip Storage Facilities. In my mind the 2 or 3 Principals of the company would source the projects, raise money on a project basis, manage...
I have have a duplex that was converted into 4 units. The added upstairs unit has very low hot water pressure because the hot water heater to all units are in the basement. Any suggestions or contraptions I may be ...
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Have a chance to buy a duplex. One side is a 4/3, the other a 2/2.
Here's the issue though - the foundation is off the charts bad.
Seems like one corner has dropped about an inch.
And the other side seems to have fall...