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Hello BP forum users!
I'm challenging myself to push my comfort zone and I'm going to do my best to go to an in-person auction (this will be my first) to see how it is done. The experiment part is coming with my ana...
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Hi everyone! I just want to join in on this forum. I am new to investing in the Raleigh/Durham area. My daughter just started in college there and I would like to buy a few rental properties. Any good suggestions for ...
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We are looking into a 60 unit project. Our commercial lender typically offers a max amortization of 25 yrs. Would you recommend we make connections with a longer term lender that can offer a 30 yr amort? Overall purch...
Hi there. Me and my wife are new investors in our area. I was wondering if I could get some professional opinions on this duplex$1000 per month each side which is slightly below average so I would be raising it to $10...
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We are considering offering seller financing on some of our rehabs, as the market cools. How could we structure a note that is attractive to sell quickly and for the least amount of discount and little seasoning? What...
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I am looking at purchasing a duplex and struggling a bit with the numbers.
They are asking for $115K for a 2700 SF Duplex in Dallas. I expect 20K in repairs. The tax value was $215K in 2009 but dropped to $162K for...
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I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
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Hey BP, So I recently opened escrow on a property that I was able to secure seller financing on. The financing and numbers are structured like this: ARV: 250k Purchase Price: 210k Estimated Repairs: 10k-15k. Avg. Ren...
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Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
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View report*This link comes directly from our calculators, based on information input by the member who posted.This is our first deal and we think the deal looks good but we would like some veterans t...