Hi BP community,I’m 23 years old and want to invest in real estate. Finally starting to have a nest egg of 20k. Looking to buy a multiplex in greater Sacramento area preferably a foreclosed Four plex sub 400k. (I am a...
Hello I would like to check if it is good strategy to borrow 70% of offer price form hard money (30%: I have cash) so I can offer like 100% cash offer. Once it is closed, I will refinance with 30yr mortgage. Is my und...
When it comes to real estate financing, there are several options available, including agency loans, community bank loans, and bridge loans. Each type of loan serves a different purpose, and choosing the right one can...
Good Morning All!
I’m excited to share that the early stages are underway on a project for transitional housing in central Oklahoma unlike anything that’s currently available in the area.
I would love for other prof...
Hi all:
I've come across a deal on an old, 20-unit Sec 8 building being sold at a 19% CAP rate according to listed numbers. Seems suspiciously rosy, but until I can figure out what's wrong with it I'm drawn...
Hello,I'm Steve. I'm from St. Louis. I have a question. Wanting to get into real estate and have a unique opportunity. A friend of mine bought my two family for me in cash and I owe him. He bought it so I could compet...
Has anyone dealt with a certified service dog situation in a non-pet property? I have a potential tenant coming to look at an apartment that typically does not allow pets. I know there are a lot of laws protecting ser...
I am an extremly small investor, I own a 2 family house and the house I currently live in with my family. I have rehabilitated both and have some decent equity in both.
So far I find this forum very helpful. I would...
Hello all, Does the sale of a property automatically trigger a tax reassessment in Rochester, NY? We're in the process of buying an apartment complex that was rehabbed and stabilized after the last purchase. The selle...
This question may have been answered elsewhere but I’m not seeing it. What would be the issue with getting a conventional loan, rehabbing, renting, and refinancing? Is it simply that most off market deals require cash...