One of my friends has a property under lock and is looking to raise a syndicate. He needs to raise $13M and claims he is investing $1M of his own money. The property will be held as tenants in common and is located in...
45k purchase price. 3br 1 bath SFH. 10k down. 35k borrowed. 10 yrs at 5%. Monthly princ and interest payments of 375. Taxes and insurance 100 a month. 475 total piti. 675 rent. 200 cash flow.
Hypothetical 1031 Exchange question here for one entity with multiple members: If you have an LLC with three people in it holding a rental and all partners decide / agree / vote to sell... Would I be able to take my p...
I am came across a wholesaler who is asking for $5,000 earnest money on a property. There will be a group walk through in the property, but there is no possibility to do an actual inspection prior to purchase or even ...
I might be selling my small property soon, i know how to market and sell property. I'm only concerned about post escrow closing liability. I understand brokers maintain some type of liability insurance for their sale...
Hi BP,I am trying to figure out how I should proceed with purchasing a property, I can get 75K from my home equity but what if the cost of this property is 125K, what is the best strategy to purchase this property wit...
What is the most common way you finance your properties?
What are common, house maintenance items that a tenant would expect to be covered when renting a house in RI? Is regular snow plowing covered by the landlord? Or should the tenant expect to handle that when renting a...
I am financing a duplex. The lender wants top of market rates and will only lend to 60% of appraised value. Is this common?