Philip Vidal
Multifamily conversion in Somerville, MA
Hi folks - long time reader here.My wife and I are scoping out a SF property in Somerville. It has the bones and sq ft to be converted into a multifamily though we have a limited understanding of the MF conversion pro...
Amy Sommers
Capitalization rate (cap rate)
Amy from AL here...what is cap rate? What's a good cap rate and why? What's a bad cap rate and why?
Charlie Price
15.6 MW Solar Power $46,000 question
I welcome any and all ideas and critiques regarding this issue. Please comment or PM me if you have any thoughts. Good or bad. :-)
I am installing a 15.6 megawatt Grid Tied solar system on my 30 unit apartment com...
Ed Goble
Mortgage in my name but Property Title in LLC name?
Long story short. I got a Wyo LLC in order to have anonymity.I want to buy the houses in the name of the LLC and not my name. I have been told that is ok, even though the properties will be in another state and not ...
Connor Mckelvey
First Deal - 8 Days to Close and my Lender is Dropping the Ball
Hi BP! My Name is Connor (long time lurker, first-time poster) and I'm just about to close on my first Investment property!I'm in a very frustrating situation with my lender and this noobie could really use some advic...
Melissa S.
first eviction
Hello All,
Im in the process of trying to get squatters off my property. We've gone to court and have an offical move out day.
This process have been so stressful!!
Anyone else other there in BP land feel lik...
Fallon Gilbert
Cannot find a lender. Please help!
Hey all,I’ve been having an extremely hard time finding a lender for my situation. I have 3 properties that are owned free and clear however the values are less than $75,000 each which most lenders will not do a portf...
Ian Goodstein
My real estate agent claims this has 5.9% cap rate - thoughts?
Long time listener, first time caller. A real estate agent I have been working with in Los Angeles claims this property has a cap rate of 6%.https://www.zillow.com/homedetails/6564-5th-Ave-Los-Angeles-CA-90043/2032773...
Joe Carr
Can you just buy a $1m apartment building?
So hypothetically if you had the money for a down payment of 25% on a $1m apartment building. Which is $250k. Say it has 15 units, and makes $1k/unit. Could you just straight up invest in an apartment building? And sk...
Faiz Kanash
Question about refinancing a HML into a traditional/DSCR loan...
Hello!Just a question to see if this is doable... Is it possible to refinance a hard money loan into a traditional/DSCR 30 year loan if I don't have that much equity in the property? Not a cash-out refinance, just a g...