Greetings BP Friends!

Hope you all enjoyed the long weekend.

Here is the situation:

I currently have a 15 year fixed mortgage on a MF @ 6.75% (Long-term hold)
Was considering re-financing and f...

Ok so I listened to Brandon’s podcast on buying multi family houses. I was using the rental calculator having properties amortized over 30 years. My main goal is cash flow however most properties using the 50% were ge...

I have a multi-unit in a class A neighborhood in Chicago (Lincoln Square - 60625) that I am wrapping up a large rehab on right now. The property is on a remarkable block and the units really are fantastic - we've take...

I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...

This deal started in July 2016 and required a lot of moving parts. Here is the back story on the property in question. The previous owner purchased the property for $132K in 2005. He had some financial problems dur...

Move over, @Joshua Dorkin and @Brandon Turner . There's a new podcast in town. Listen to our first show at www.biggerpockets.com/moneyshow01 where we interview Mr. Money Mustache. He shares his thoughts on what trul...

My tenant in Kansas City, MO had to wait 2 weeks to have ac blower motor replaced. I went through my home warranty company (2-10) and their vendor didn't send diagnosis to them in timely fashion and home warranty com...

I have followed Michael Quarles' posts on other websites and I like a lot of what I read. I am not a huge proponent of mentors but at the same time, my free time/study time is very limited with my job and he offers a...

Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market.  Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...