Furquan Ahmed
Please clarify my doubt
Please clarify my doubt. When we are borrowing money from the bank to buy multiple family appartments. Why are we not paying the principal portion of the loan. Or even if we are taking interest only loan, at some poin...
Braulio Hoyos
How to calculate value add from RTI permits in Los Angeles?
I'm a real estate agent and have 2 investors who are ready to sell their investment properties (duplex & 12 units) and both have ready to issue permits with the city of Los Angeles (the duplex has RIT for 2 more u...
Oscar Martins
Starting construction while I wait to close on a property
Hey,
What are some construction projects I can take on while I wait to close on a property? The property I am closing on needs new front porch rails which I have already started putting together in my workshop. Once I...
Patrick Martone
Crossroads, Am I being lazy in the marketing department
I think I am being lazy. I have equity and construction experience I have sorted my financing. Now I am beginning to look for deals. I want to find MFHs and SFH in need of rehab in this competitive market (NY/NJ/PA). ...
Rudy Dvorak
Suggestions on Financing ADU's in Los Angeles
I am looking for ideas on getting some private money. I have 12 unit rent controlled property in Los Angeles (Glassell Park 90065)
value $3.6M at
Total rents - $21,400 - $256,800 annually = not 1 late through covid
...
DaVon Brooks
Comps List
Hi Guys! I'm reviewing the comps for a property whose owner I'm currently trying to track down. I normally use sales from the last 6 months, properties within 20% of the size of the subject property (for rehabs), 2 mi...
Eric Lasley
Looking to start a contracting company
Im about to start a business venture with the guy that gc'd my first project. It is my understanding that some cities in Texas require a GC to be registered with the city, but the state does not. Am I correct? also...
John Jacobs
Private Lending: Is this an issue with Dodd-Frank
I have been asked to make a loan with a 3 year balloon. The borrower who is in real estate characterizes the purchase as a "live in flip." Nevertheless he and his wife would be living in the home. I had a concern a...
Clayton Morgan
What's a fair percent of ownership to bring on partners?
Good morning BP colleagues,I have worked for a number of years to be in a position to build my first new mixed-use development. It is located on a very desirable corner in Draper, Utah. It took me almost four years ...
Tim Allen
corporate lease and furnished home
i have been approached by a large construction company about leasing my home for the next couple years while they are doing work around town. they are going to sign a yearly lease. i have to furnish the house. my q...