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Do lenders allow you to use equity for your down payment? i.e.I buy a house $80k, but the house is actually worth $100k which gives me 20% equity in the home at the time of purchase. Would I still need to put 20% more...
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Hi all,I'm fairly new to MF/small apartments and have typically focused on smaller deals, 50 units or less. Recently however, I've been introduced to some much larger deals (100, 160...). I've been told that I may hav...
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Hello, this is my first post here.
There is a foreclosure auction on a 850 square foot house that's appraised at $330k. The land that the house sits on is 50ft by 300ft. The house on one side is nearly 500k and t...
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Hi y'all, New to this- so don't eat me alive. Reaching out what are the cons and pros in investing in multi-units out of state (coming from California). Other than who to trust, I've been getting all documents from re...
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Hi, Is there anyone that can help me run a realistic comp in Dallas, TX and Fort Worth, TX. I am new at flipping (I am typically a buy and hold guy) But I decided to get my feet wet. I purchased 2 homes one in Dalla...
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Are you thinking about investing in real estate but unsure where to start? Have you considered mobile homes as a potential investment opportunity? While mobile homes may not be the first thing that comes to mind when ...
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I am looking at purchasing a small portfolio of SFR properties below market value. I am interested in putting long term debt on the portfolio, however, I wanted to know if anyone knew any lenders that lend based on an...
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An apartment building I've had my eyes on for a number of years just came back on the market, and I'm starting to crunch the numbers. I don't have any experience in commercial loans, and I'm wondering what the best op...
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I have an exceptional strip of land on Federal Highway with an older strip plaza on it.It has one of the biggest frontages on Federal, just south of Commercial, and I'm looking to redevelop it into fewer, key tenant u...
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BP Community,I recently came across a deal in Ohio for over 100 units and need some help on it. The property is 50% occupied and currently doing about 80k in NOI (Seriously Underperforming). Cap rates in the area can ...