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Hello BP family,I have a potential rental unit that i am looking to purchase with cash from a bridge loan. I want to immediately refinance to a 30 year conventional. Is this possible within a month or so of purchase, ...
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Hello. I'm reaching out to Los Angeles members on this one: I just relocated to the area for job and girlfriend purposes. I own a 2-unit back in Syracuse that I'm keeping (because it's helping me afford LA; Lord knows...
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Recently my girlfriend and I have been remodeling her house, some changes were required (repairs) while others were more cosmetic (general updates). Once finished we will list it as a rental, in a couple months, but w...
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Hello, I'm looking at an apartment building that recently hit the market. The calculated purchase price based on actual numbers is significantly less than the calculated purchase price based on the proforma (best case...
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I own and manage a single fam that a 2/1 and rents out for $635. I acquired it 2 weeks ago. Seller listed at 38k and I offered 24k cash after finding a few big ticket items for repair. I asked the seller at closing wh...
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I have my first appraisal coming up and am meeting with the appraiser. I wanted to create a simple 1-2 page document with basic information about the property(i.e., list of improvements and comps in the area). With th...
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I have a price quote from the land commissioner for two adjoining undeveloped land parcels totaling 18 acres in Jefferson county Alabama showing a sale to the state date of 5/24/2016. I would like to know if I can le...
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Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
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Wells Fargo recently put out a report detailing the correlation between the inversion of the 10yr vs 1yr Treasury and predicting recessions. What they found was that when the yield curve inverted for the 10yr vs the 1...
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Hello, I am looking to buy a tear down or some land with my 1031. I would like to build 2-4 units on the land and keep 1 as a rental. would this keep my 1031 intact? Thanks in advance.