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I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
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Hey All!I'm about to get a lease renewed (hopefully) on a commercial property. I have a commercial brokerage negotiating the lease for me. I was just curious on what the standard % commission for a 5 Year lease woul...
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Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
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Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
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Can Seller Financing Benefit the SELLER?
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when ...
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We are in a position where we can potentially raise more money to do investment deals, but had a concern about some objections we may face. The main objection is if we have to use multiple investors on deals and what ...
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Hello again Bigger Pockets community, Is there anybody out there willing to walk me through finding my first deal. A bit about me: I Live in Buffalo, New York and want to invest here (or nearby). In three months time,...
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Asking for a friend. What’s the best way to invest 500k? Good friend of mine owns 2 side by sides for the past 15 yrs. Stock market is leveling out and it will not be as exciting as last year, so he’s looking for a ne...
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I understand that one needs to have an income, good credit, and a property to invest in to qualify for a loan. I am still in the process of securing a job after I graduate from college either as a real estate agent or...
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Hi BP, A little back story on my situation. My friends aunt passed and her family is now going through probate. They will everntually have to sell the home. they offered me the home for 500k and on market would be abo...