hello bp community I have a question I hope y’all can help me with. Is it possible to get a foreclosure with a loan if so what kind of loan would this be conventional? Or some other type all help is much appreciated
It has been 10+ years since I have bought a rental property. We currently have 7 loans in our personal name. I was looking for a bank to do a cash-out refinance in our LLC. One banker asked, "why don't you put it in y...
Hello there BP Family! Let me preface this forum post by saying that no one is an actual dummy when first starting out, but to grab your attention I had to use something good :)
Cap rates, gross rent multipliers, ca...
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
I've noticed a lot of confusion and forum posts seeking guidance on 'commercial' mortgage financing for apartment complexes of 5+ unit up to 20-100+ units. Having supported several investor acquisitions of small balan...
I am looking to self manage an STR management operation. What are the typical costs do so? I know that it is typically 20% gross income to have another company manage the property, but wanting to know the cost breakdo...
Looking for a recommendation for a real estate agent who specializes in apartment buildings in the Norfolk Virginia beach area of Virginia.Thanks.
All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
In commercial real estate, a loss to lease refers to a unit being rented for below market value. For example, if there is an apartment community renting two bedrooms for $1,000 per month yet a tenant who has been ther...