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I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
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I've built my buy & hold portfolio to 10+ SFHs and am happy with how they are performing. While I plan on acquiring more properties, I'm finding the opportunities are not coming as fast as I would like to depl...
What commission is typical / appropriate on a multi family block with a sale price of $ 3 million? This is in respect of an unsolicited bid received by the broker from a single party. There is no extensive marketin...
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Just wanted to share a small success story regarding property taxes. We should all celebrate even the small victories and share our stories because you never know how it could help or inspire others.Fairly recently, w...
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Do lenders take into consideration the condition of the property? Will they lend to me if the property is borderline livable or needs a big rehab?
-What are the maximum repair costs?'
What is a typical loan-to-va...
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Hi BP! I’m actively searching for my first investment property. I will be seeking a bank loan to purchase the property and I’m wondering when would be a good time to get a pre-approval letter. I haven’t narrowed down ...
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Hello BP,If I was looking to purchase multiple properties from an owner or group of owners, is there a such thing as a Portfolio Loan? I'm wondering if the bank would give me one rate for multiple properties or if I ...
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Our friend comes from an extremely wealthy family and has an investment company. They typically buy shopping centers, outdoor shopping malls and big multi units. He has expressed interest in helping us out but need ...
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In my neighborhood a multifamily property is going to be going for sale. But before it hits the market I'd like to contact the seller and propose seller financing. I've never done this but have heard of it before. I'm...