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Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...
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Hello, I have seen some listings saying that the Orange Mound area in Memphis TN is a hot rental market. Isn't Orange Mound a high crime area? Is it ok to buy rentals in dangerous areas where I, as an owner, would b...
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Hi BP!I just applied for a HELOC at a major US bank and it turned out they can only offer me a ridiculously low 20% LTV...Here is my situation:1. I own a house (primary residence) which is appraised by the bank at $2 ...
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I went to inspect a house and the floors are sloped. Everything else seems to be fine. It stopped moving a long time ago so structurally the house should be fine, but it's still noticeable. Would I have a lot of troub...
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I am consistently baffled about how much there is to learn about real estate investing. Following is a short list of BIG fields of study that come to mind that one comes across:
-Niche investing strategies
-Negotiat...
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Hello! I was wondering if there are any expenses I should consider when analyzing an apartment complex. Is it basically the same thing as a small multifamily but you just take the extra units into account, or is it wa...
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Hello!I've read alot of posts from people that sound like they're trying to trick the owner-occupancy requirements on mortgage loans. I'm currently in a backwards situation where I really do intend to live in the hom...
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1st LLC - 12 Properties7 properties - Loan with Bank A5 Properties - Bank B refused refinancing as overall tax return shows loss last year due to properties under construction2nd LLC - 7 Properties7 Properties - No lo...
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There was a tenant caused fire in my mother's 10 unit building earlier this year. The tenant was evicted and we have documentation showing that it was caused by them and showing they were subsequently evicted. There...
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HI BPers, Wanted to get some feedback on how you manage the Common Area Cleaning? We purchased the property in spring, so the lawncare company was doing the work, when they took care of the lawn. I am not very happ...