Michael Lewis
Refinance based of of ARV?
I have a home-run flip I stumbled across accidentally. Problem is I purchased it already. Most refi rehab loans cap you at 50%-ish of current as is value. As it stands the value isn't there to get the rehab funds I ne...
Stephen Lynch
Alternatives to brick veneer on chimney?
Hey team,Currently working on a rehab and I had no idea the cost to put a veneer brick layer on a chimney was so expensive! Does anyone have any alternative ideas to resurface this chimney? I was just trying to do som...
Jonathan M.
12 unit multifamily loan during covid-19
Will it be difficult for me to get a loan on a 12 unit apartment complex during this crisis? I have been furloughed from my job, will it be difficult for me to get financed on an income producing apartment complex? I...
Brian Falcon
Backing into numbers of exist. property w/ Rental Unit Calculator
All, I have not used the Rental Unit Calculator yet because I don't want to waste one of my 5 free tries. I wanted to start by running numbers on my current (and only) rental which was my last single family home. We ...
Luis Silva
Buy & Hold Strategies in Northern CA (Sacramento & Placer County)
Hi BP!! Hope you are doing well! Wondering if anyone out there is picking up buy and hold rentals in Sacramento & Placer county in northern CA (ie. Rocklin, Roseville, Lincoln, Sacramento, Folsom, etc)? Any specif...
Ben Ballinger
Determining a good purchase price for multiunit in worth, il?
Hi REI fam,
I'm currently looking at an off-the-market 4-unit apartment complex in worth Illinois. It's owned by a friend of a family friend, who has owned it for many decades and is retiring and wants to get rid o...
Dave Wittnauer
Valuing an inherited commercial property
I had an Uncle leave me a property, and an expensive mortgage, after his death a couple months ago. I am really in over my head. I have an appointment with a commercial real estate agent early next week to talk abou...
Drew Steinman
Help Me Analyze this Apartment
I know the owner of a 12 unit apartment and have approached him about selling it to me. Would love it if anyone would help me with what they think it's worth. Here are the details:Where: Toledo, OH (near University of...
Alexander Sobrado
Top Down Property Screening
Hi all,I'm a fairly inexperienced investor (have owned one property) who now lives in Southern CA where cap rates are very low. Given that there isn't all that much attractive in my immediate area (cap rates are very ...
Jay Gill
Location vs Leaseterm/cap
I was looking for the past while . I noticed a few decent deals, but I find anything 10+ years and with a decent cap is mostly located in remote rural areas. How important is location? Is it worth pursuing these dea...