Beth Clerc
Who can finance this property?
Hi everyone,Hope you are all doing well.I'm very interested in a property but don't know who can finance it. My residential mortgage guy was no help and referred me to their commercial division who said they wouldn't ...
Mark Dante
Structuring an Offer to Purchase
Let me preface my question by acknowledging that there may not be a viable answer. Hopefully somebody has an idea/experience. I am looking for ideas/advice on structuring an offer to purchase a strip plaza.
...
Kris Benson
Newbie Saratoga Springs NY with a Mid Life Crisis!
Hey guys,
My name is Kris Benson I am a father of two and currently live in the Saratoga Springs area. I am 33 and seem to be having a "mid life", well maybe not mid-life but a bit of a crisis.
I have been very for...
Winston Solomon Jr
Cap rate for commercial properties
I'm interested in buying a McDonalds in my area. How do you find out the cap rate for a vacant commercial building? How do you know how much it's worth once you find a tenant?
Debbie Gilliam
Sponsoring Broker in the Edmond/OKC area
Hi,I passed my real estate exam this morning! I'm looking for recommendation on sponsoring brokers and broker companies in the Edmond/OKC area. I am not ready to jump into it full time yet because I need to build it ...
Bo Johnson
Prospective tenant going through divorce
Hello all,I have a very simple question. There is a prospective tenant (PT)looking to rent a unit. PT mentioned to that he/she is currently going through a divorce that has not been finalized. I AM WELL AWARE THAT IT...
Austin Cooke
Property management job before REI
Would it be worth a pay cut to work to work for a property management company before I invest in my first rental property. Thus gaining the experience and knowledge of the field. This wouldn't be so I could manage ALL...
John Rapp
Transitions from E to I or B.... does E have to go?
I’ve been fortunate enough to work my way into a $170k/ year position with my current company but feel that something (freedom) is missing every day. I’m only 30 and realize “good things” don’t last forever and I keep...
Peter Surowski
Can I get a loan if my DTI is low now, but it was high last year?
Last year, I was living in my primary residence and working on a flip for much of the year. Since I had a house that wasn't generating any revenue, my DTI was about 55 percent, as shown on my 2020 income tax returns. ...
Arina Alexiuc
New Investor - looking for advice
First of all, allow me to say that BP is amazing! I am really surprised how many people are willing to share their wisdom and knowledge! Thank you all for that!My husband and I are new investors. We have been thinking...