Trevor Anderson
Value-Add Apartment Acquisition Strategy
Hi BP community,My team and I have found a fantastic MFU property in a major Florida metro area, but we're unsure as to the best way to structure our acquisition.The asking price is around $2.5 million, but the proper...
Tahl K.
short sale compensation for seller
So, Ive been a memeber for a little while and have really benefited from the knowledge posted on this site. But, I have come across an issue I am not sure about. So, before I go to a real estate lawyer, I wanted to po...
Todd Pultz
Dayton, OH Property Management
Owning right at 100 doors and still buying, I manage our holds alone and find it fairly simple. I also manage several for “friends” out of state that I have a small ownership in. My team looks at a lot of multi-family...
Lisa Johnson
What's your thoughts?
I have been doing a lot of research on BP regarding flipping houses and I've come across some topics that I would like some clarity on. First: Regular home owner's policy vs. commercial policy intended for homes tha...
Scott Tillack
Partnership Paperwork - Set up a legal financial partnership
I want to buy a Condo and rehab it, then flip it. I have an investor who wants to work with me, as well as an agent who has found a rehab project, and a contractor who can do the work. Now, I have to set up the lega...
Matthew Porcelli
Rental with unpermitted basement space?
I have somewhat of an oddball question/situation to pose. I own a home and occupy the upstairs (3 beds and 1 bath) and unfinished portion of the basement. I have a finished portion of the basement which I rent out as ...
Laura Cardenas
Potential Renters with no rental history
Good day fellow BP members!
Starting couple weeks ago I've been marketing my home for rent. (I've got a 3 unit under contract, due to close at the end of the month.. I will be house hacking there)I'm a first time sel...
Joe Santos
Need Help Analyzing this 4 Unit
Hello BP,I crunched the numbers on this 4 unit that I'm looking at and just wondering if I got it right.A little background on the property:C Class property in Dayton OH, by a well-known hospitalListed at 150000, owne...
Aaron Smith
Assuming an FHA Loan from a Seller who does Not get a Release?
Hi, I have a question I hope someone can answer.Say a seller has $80,000 left on an FHA loan. They just want someone else to to assume the mortgage payments and give $8,000 as a down payment. So, a total purchase pr...
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Researching potential retail occupants for new urban dev.
I'm looking at putting together a multilevel urban retail complex (new construction). As I'm green in commercial development, I'm doing my DD and trying to figure out which (if any) of the larger regional retailers (i...