Dominic Locicero
Flipping a house with existing solar panels.
I am currently looking at a property that has solar panels on the roof. When purchasing a house with solar panels do I own the panels. Do I have to find out who the previous home owner was leasing the panels off of? W...
LaShae M.
Private Money Lending
Hello all,I've been researching private money lending and I have a few questions for experienced private lenders:1) Are you requiring title insurance, and fire and liability insurance?2) What paperwork are investors t...
Mario Morales
If I have 3 properties (9 doors), How Will Lenders look at my Income
I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal. I've heard $500-$2000 ...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Sam K.
Appraisal rule of thumb question
In general, would a 3BED 1BA house appraise higher than a 2BED 1BA house, assuming both houses are the same in every other aspect?
Frances Juarez
What are the exact specs HML look for in their projects?
Hi, I am looking for resources on HML presentations. What are the exact specs HMLs are looking for in long term investments? I have good credit, 20% for Long Island NY, & property maintenance experience. I would l...
Henry Bass
Refinance After Closing
I just closed on my first real estate investment property (I own several, but bought them as primary homes). I purchased the property using a portfolio lender with 15% down. How long do I have to wait to refinance, ...
Tim Holland
AirBnB vs Conventional Rent in Salem, MA.
I recently purchased property in Salem, MA. 3 Bed, 1 bath. I could reasonably rent it out conventionally for $2,000-$2,200. It's close to the university and downtown. Salem always has a tourist draw that gets stronger...
Alex Molina
Lease Renewal. What is the standard rent increase rate (1%, 3%, 5%, etc)?
Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
Christopher Albritton
Seeking Input from Fix/Flip Professionals for New Flipper
Hey BP,My Dad always says, "What you don't know, and what you can't see can hurt you"I need some clarification/guidance on what this process is supposed to look like.Please critique the hell out of this:Find RE AgentL...