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When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...
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I am looking at a MH in ohio. I am from NYC. Currently 18 units rented, 11 empty, owner offering seller finance 5-6 % with balloon in 5 years.
Not sure how to determine LTV or NOi, cap rate 11 percent.
How do I a...
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Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...
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Dear BiggerPockets Community,I need some guidance / advice.But first, I just want to apologize for being completely absent on this platform for the past few months. I entered escrow on a property back in mid-April, an...
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Hello! This could help newcomers and I am one also, 5 months in. newbie. BP has been great for me :)An update here on the Morning Side duplexes we bought in Detroit. Bought Feb 21. Signed with PM March 21st. 3 out of ...
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I'm a new investor and I'm on the hunt for my first deal. I've been narrowing down my search and I'd like to start in smaller, commercial multi family (5+ units). The issue I have is the up front capitol. We recently ...
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Just wondering what would people do right now if they had 70k cash on hand. Where would you invest it? Would you just leave it in a savings account for now?
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I need help picking a market. Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.
First lesson - keep th...
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