Hello!Our new, but quickly growing LLC just closed on its second property bringing us up to three doors in just 9 months. LUCKY for us, up to now both deals have been owner financing doing deals under market value, ho...
I currently have a lease option on a home I'm living in, home is worth between $350,000 and $370000 but I have a standing offer of $340000, the purchase price would be less than $225,000. My problem is I recently wen...
Hey BP community! Hope you all are enjoying the holiday season.Just wanted to start a quick discussion about thoughts regarding investing in West Seattle. My own analysis and viewpoint is that it might have some room ...
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
I just wonder how many of you worry that you have all your eggs in one basket. I have 8 doors in Portland Oregon right now and am afraid to keep investing in this same city. This city has a river running through the...
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Lawton.
Purchase price: $6,170,000
Cash invested: $1,800,000
Multifamily consisting of 216 units Located in Lawton...
I'm considering buying a small family run motel (10-15 units) in the Western US for $500,000, this would include the land and the business. I have access to $80,000 in a HELOC, but my wife is currently starting her ow...
Trying to figure out a realistic way to potentially upgrade my primary residence by selling my current home and purchasing another in a competitive market (San Francisco Bay Area). Any thoughts on how to finance this?...
Hi! Is this possible? I found the perfect house where I will be relocating in June, but can't cover 2 mortgages. I could probably sell my current house within a couple days, but I don't want to move until I absolutely...