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So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...
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Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...
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Hi All, looking for some feedback on my potential first office building purchase. The Property: 1) is 100% occupied with about 15 tenants (of all sorts) 2) has a cap rate at about 8.0% at last ask. 3) is 3 stories is ...
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Hi BP,I'm new to investing and looking for some help understanding NOI & Cap Rate and how they correlate to value. Specifically, will a commercial lender value our property with with these metrics for a potential...
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Hi all -
I've put in a cash offer on this property:
http://www.indexpost.com/property-for-sale/wyoming-cheyenne-82007-204-stanfield-ave/
for $75,000 using this formul...
As always I turn to this forum with a scenario. Potential renters with 100k in the bank. Self Employed and appears last rental location was owned by a brother. On the rental application they put the first name of t...
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Just starting out up in Lake Arrowhead, California I got a lead on a Condo in the Lake Arrowhead Village 5 min walk from the Lake and located in the middle of all the shopping and dinning. It has a pool and hot tube,...
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I don't like the idea of accepting tenants with lots of outstanding judgments. My rationale is that if they already owe someone else money, I probably won't get paid if I end up evicting them and holding a judgment a...