I am looking for financing for a self storage development. I've spoken to a couple lenders, most of them say SBA is doable but one said I can't get a SBA for a development. What options are there for a ground up devel...
Hey BP family, I recently purchased a plot of vacant land in Central Florida, and I plan to develop a new SFH to sell or hold. I'm 20 years of age and looking for advice on starting my journey of becoming a developer/...
hey hey community! here is my situation. i would consider myself a small portfolio, intermediate investor who is trying to grow. I have W-2 income and three investment properties. two side by side two-family homes,...
Hey BP,Hoping to get some advice for an investor client of mine in Oregon that owns a Triplex in California. It is his primary source of income (held in an LLC) but is paid off and he's considering selling or pulling ...
Im on my 7th Subject To deal and came across an issue. In my previous deals i required sellers to change the username and allow me to reset the security questions/password for their online account access for their mor...
The sale of our property is in contract, the house has been empty. Closing will not occur for 6 weeks - All utilities are currently on but wondering if I should turn off Gas & Water since the house is vacant &...
Hello all!
Working on getting a list together for my first local rental in Kansas City. So far I have:
- First month rent
- Security Deposit equal to first month rent (in separate account)
- Last month's pay stu...
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
Just curious what the requirements lenders have for multiple buildings with multiple units? I found three 4 unit properties that are 80% occupied being sold by an individual in declining health at 86 yrs old. He has o...