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Hello friends! My name is Derek Jess. I'm a financial advisor in the Denver metro looking to build up a solid portfolio of rental properties in the area. The Denver market is extremely hot, and to find a good deal see...
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I understand you can get a mortgage that's backed by the government for up to 10 sfh/residential rentals (each one up to a quadplex).
What financing is available after your first 10 rentals? What's the phrase for ...
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Good evening. Seeking experienced opinions on the pros and cons of my investment strategy.
My 1st property I plan to buy and rehab all cash then rent it. once that's done I plan to take out a home equity loan on the ...
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Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...
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I am fairly new to the world of commercial real estate. We are looking to close on a multi-family complex in a college town. We have been told that it is recommended that my partners and I offer $15k-$20k in earnest...
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Dear BP community,I have a question here, once I get pre-approved for a conventional mortgage, will they check my employment status right before the closing ? And if they will, what are the possible ways they could do...
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Hello Folks, I am new to Indianapolis market - is 46235 zip code a B or C market? Also does it have appealing cash flow ( approx 1 % or higher) . Any recommendation which zip code to look for? I am looking for 3Bed/1 ...
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Seller financing: it’s something you’ve likely never heard about. However, many people are turning to this useful tactic when acquiring a home either for themselves/their family, or as rental property. So, what is sel...
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Hello friends,
I'm currently in the researching and getting my finances together phase for property #3. I want this property to be a small multifamily (2-3 units). One day on Facebook I saw someone mention a property...
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I sold and owner financed a convenience store in September 2012 for 10 years (Business and Real Estate) and I am interested in selling the note. How should I approach this, and how do I determine an asking amount vs r...