I'm thinking of selling my personal residence on a wrap, but I wanted to see what you thought about these approximate numbers (rounded for simplicity):
$140k sales price
$30k down payment from buyer
$95k owed on my ...
If run properly mobile home parks can be a sound long term investment. No dealing with rentals are beaten by tenants. Info structure usually does not require updates as often as apartment buildings. Any word on deprec...
Closing on a triplex in Ohio City and my current lender is trying to charge me 1% origination and 5.375% fixed on a 30 year loan. Purchase price of the deal is over $300k and my lender claims it's the best rate I'm...
Hi BP World,
I am sure I am not the only one that runs into this problem. My whole niche is finding great deals, like most of us on this site. I am running into a problem though when properties are being appraised. T...
@P from prior topic. You may decide to develop versus buy. Several reasons to do this.
ZONING, I-3 RIGHT?
When ever I take a look at a new town to do storage, I take two
approaches at the same time. Do I build? ...
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
We have 2 investors. Investor 'A' and investor 'B'. They live on opposite sides of the country, but have connected through the magic of BP and a partnership may be born.They plan to pay cash to purchase long term buy ...
The 30 year average for California Real Estate is 9%. I know you don't know, but if you had to guess...what percent would you use for CA for the next 10 years? next 20 years? next 30 years?
Some initial thoughts...
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Let’s start with a summary of the year that was. A truly historic run of ever-increasing real estate prices continued into 2022 which was the result of an extraordinary constellation of influences. A stock market run,...