Sorry, I’m new to BP – good stuff. 80% of appraised value? I always thought CAP rate was used to buy multi family? At what point in buying process do you have appraisal done?
What is the most important factor when it comes to processing rental applications? Tell us below in the comments!
Can I/ is it wise to take out a hard money loan for a 20-30% down payment on a multi family home?
I rented a home ,almost 10 yrs until house fire,arson,I was now homeless,owner remodels on insurance money,sells for over 1million,yet never told new buyer about the fire? Is this legal?
This is in Georgia and may be different in various states, but would love to hear any replies. So, I was looking at title on a particular property in Atlanta and when searching under the address, it shows as last owne...
I have a realtor that I’ve used to purchase my primary home and have referred her several times to friends and they have been very happy with her. However, even though I’ve sent her our goals and parameters for an inv...
Hello All,I own five investment properties, all long-term rentals, and they all have mortgages on them, most of them with balances of less than 40% LTV. I recently spoke to a financial advisor who also is a real estat...
Where conventional and government-back financing have remained difficult loans to qualify for, more and more borrowers are flocking to bridge lenders for loan approvals. Bridge lenders offer a non-traditional form of ...
I asked the real estate agent who helped us purchase our home to assist with listing it for sale in the next few months. He sent a contract with a 5 1/2 % fee. From my limited 'Googling' of my local area, I know that ...
We have a contract on rental #6. Cash out of pocket $15,000, Purchase price $89,000, rehab $23,000, ARV $135,000, capital gain $12,000, 80% return on capital gains, monthly cash flow $463, 37% cash on cash return, tot...