Allen Lopez
Property investors doing single family homes?
Are there any RE investors who are going through the single family home route?
So I am fairly new to REÍ and I have been taking the Single family home route. This takes a bit longer, but the properties typically go ...
Ravindra Mantena
Multifamily Investment
I am looking for some help to evaluate this investment.
one 3 story building with 24 units
Built in 2008
Landlord pays only water/Trash removal.
100% occupied
Financials.
Sale price - 1.3 m...
Ken Howard
What Would You Do? All perspectives would be appreciated.
I'm new here but I'll post my introduction in another forum. I inherited a property that was bought by a family member way back in 1998. It was purchased for $35k but is now worth around 260k. For the past few year...
Griffin Fehrs
How might I save this probate deal?
Hey BP,I am working on this particular probate deal that is seemingly falling through my clasp.In this situation, the seller is in an administrative position. There is a lien on the property, so property sale is subje...
Carlos Villanueva
Big Baller Landlord dreams
Hello BP group, I have a friend who just so happens to be sitting on a 24 unit. It' actually in his father's Trust that his mother is holding at the present time. He said it is worth 1 mil but it' assessed at $750,000...
Benjamin Schwartz
When to be worried about Cap Rates
Hey everyone So we all know that cap rates are insane now adays and it’s very hard to find something above 4. If I find something at 6% am I lucky or is that a red flag?
Troy Schwamberger
Debt to rental income ratio?
Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...
Anthony Rodriguez
Purchasing Second property, DTI Qualifications
Aloha,First time posting here on BP and would love to get some advice on purchasing a second property out of state as properties here in Maui or sky high.Ideally I’m trying to purchase a second property to use either ...
Elvin Tolentino
Which loan product to use for BRRRR?
Hello everyone,I just sold my primary residence and will be using some of the gains to invest in another single family property. I plan on using about 20K for a down payment (maybe slightly more). My credit is dece...
Michael H.
Long term lending stratagies as I grow
Hey BP family,
As I approach the end of the W-2 Income that we can leverage, I'd like the know the various ways we can continue to grow as we find deals.
Ive spoken to some commercial lenders, or people who d...