I am surprised how many Note investors are still bidding at a % of UPB/BPO and even Yield. I understand why some bid via yield a little more however how many investors are going to hold a note to Maturity?
Regarding...
If tax and insurance are variables that can increase year to year - do you allocate reserves for that or is that what cash flow buffer and rent raises are for? what events can cause a big jump for those?
So I recently got a HELOC on my primary residence and have been hearing that I am unable to do get those on investment properties; my question is this: would I be able to move out of my primary residence to purchase a...
Hello, I just got done sending out about 600 yellow letters, with about a 1% response rate, yet failed to close on any. I spent about 70 cents/letter for hand written letters done by someone else. I am still hopeful f...
I was wondering , does anyone have guesstimates on how much under asking you can offering being a cash buyer? I'm sure it's case by case, but would love some insight. Thanks your your time!
Howdy BP friends. I have recently decided to shift my business focus away from the typical MF and SFR to mobile home parks. I have a good handle on bank financing when it comes to single family, but I have no idea wha...
Hi, I currently own my primary residence and bought for 272, 500. There is no note on it. I am looking at selling it vs. renting it in order to move my family into a bigger house. I have found a house for 405,000.0...
Hi BP, We just sent over an LOI on a 27 residential package deal in Ohio. All houses are located in the same neighborhood, all leased, and cash-flowing at $21k a month. We have a property management company ready to s...
Hey everybody! I'm debating between 2 HELOC options to use for my first STR purchase. For context I bought a duplex in 2019 that I'm house hacking for $229k and it just appraised for $375k. Citizens bank did the appra...
I recently came across a potential deal with a trailer park. What are your thoughts on investing in trailer parks? Is the maintenance and upkeep worth it? Can there be appreciation? Are the tenants decent overall?