Franky Aikens
Tools for Market Screening
What are the first three rules of real estate (all together now) 1. LOCATION 2. LOCATION 3. LOCATION.
There are a host of subset variables to consider as well like, population growth and migration rates, job growth, ...
Abhijit Patel
For BRRRR properties: Refinance or HELOC?
Hi BP Crew,I want to understand (sorry if this has been asked before) in the BRRRR property is it better to do HELOC instead of Refinance? Usually the refinance has cost like title search, closing cost etc vs HELOC is...
Priya Shekhar
Commercial retail: VPD Vs better bigger city
For commercial retail shopping center kind of investment, is great VPD (vehicles per day) in a smaller city (Tucson MSA) better than a not so good VPD (Phoenix MSA) in a big city? There are definitely higher income ho...
Jeff Jenkins
Closing Costs
Is there a general rule of thumb to determine a closing cost estimate for multi family deals?
Lilly Fang
Help! Need rough estimate of master bath!
I was bidding on an 1960s house, single floor, no basement, in Sacramento, CA. Can anyone give me a rough estimate about remodeling the two bedrooms to a master suite? Counter offer due today. I am struggling if I sho...
Lee I.
Question about multi-tenant NNN and vacancies (who pays?)
For a typical NNN lease, how is the contract structured regarding vacancies of other tenants? For a simplified example, say we have a 10 tenant building and each tenant is renting the exact same square footage. Each...
Manson C.
How is "Income" Defined in Debt-to-Income (DTI) Ratio?
A family member of mine is looking to get a Fannie Freddie loan for an investment property. He had a stable job in the same industry for the previous 20 years, but was unemployed for the past 18 months. About a month ...
Alex Silang
How to negotiate DSCR lenders down
I'm assuming you would need multiple bids on your business in order to get your biz?Are pretty much all DSCR lenders negotiable? They're not like big conventional banks after all (correct me if I'm mistaken).I found o...
Jorge Vazquez
Home Equity Loans vs. Home Equity Lines of Credit: What's the Difference?
When tapping into your home’s value, you have two main options: a home equity loan and a HELOC (home equity line of credit). A HELOC works like a credit card—you can borrow, repay, and borrow again, making it flexible...
Mike H.
How to utilize a pay-off property for more investment funding?
Dear BP family, I am trying to explore options to obtain loans for further investment funding. Since we have a property recently paid off, I am wondering what are the options out there we could use to utilize this op...