I'm looking at my first MHP purchase and my attorney suggested I get a Phase 1 Environmental Study done. Is anyone doing this or have any experience with it? Or not doing it and feel good about it? Thanks in advanc...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $249,000
Cash invested: $69,065
Contributors:
Mike Ernest
10th deal overall, 3rd quad purcha...
I have many friends worked in convivences stores and gas stations by running the finances of the business I'm interested in purchasing a gas station. Hypothetically here is the situation. Let me know if it is possible...
So I had a lady call me today about a commercial property located in MD. This is a used car lot and she is desperate to sell, I would really like to wholesale this deal but I'm really not sure how to go about this.
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I own a small warehouse in Houston( I live here) I paid cash for, fixed it up and now leases for $15,600 annually expenses total $2314 annually. My annual income exceeds my expenses. I am looking to finance the proper...
I came across a rural 40+ acres, with road access, that would be ideal for an outdoor shooting range in Southern California. The land is zoned for recreational use. Purchase price is 700k. I’m still gathering more num...
Hello BP, It's been a while since I have been active in the forums or on the platform. With that being said I have found an opportunity to get back in the game. Looking for some understanding about because of my plan...
In a commercial land purchase transaction in Northern California with the value of under $10M, what is customary for the terms below?- earnest money deposit - is 3%, 5%, 7% or higher customary?- duration of the non-fi...
Hello All,
I’m a SoCal native and water supply and changing environmental factors have always been a consideration. Last year we started looking for our next property in AZ, but recent research about drought conditio...
Hello BP Family,We are about to go under contract for our first small multifamily property. For discussion purposes, I will use a 10 - 14 unit in SC example. We expect to have a 30 day due diligence period followed by...