For those of you out there who are running syndications and screening accredited investors: What would be your accreditation criteria for let's say a family of three people who come to you looking to invest together w...
After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
In a few weeks we will be closing on a duplex where both sides are rented by one individual with a month to month lease. The young lady is a nurse and is using the other side to "sub-lease" to an elderly person where...
Hello all,
My brother and I are debating whether to partner or not on a SFH REO deal in my area. He lives about 1 1/2 hours from me. He will be getting a traditional loan through the bank with 20% down payment. He w...
Hello, I have started marketing pre-Foreclosures in the Sacramento, Ca area. Is there any experienced investors in Sacramento or Northern Ca that are investing in this area? Thank you!
I've read that a score of at least 620 is desirable, sadly mine is slightly less than that. I also don't have strong income at the moment. So you're probably thinking why am I even posing this question. What I'm hopin...
Only a real newbie can come up with this question; So you've been evaluating and analyzing a commercial property, how do you put your offer together? I know that on the residential side the process is pretty structu...
I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...
I'm renting out two studio apartments to traveling nurses, graduate students and other medium term renters in a town with a large university and university hospital. I could potentially buy a small house with two bedr...
Hi BP,I am finally in the process of buying my first multi unit! I've been pre approved, I have my Realtor, I have my target neighborhood, I've been out roaming neighborhoods and running numbers on the BP calculators,...