I've never done a CMBS deal before so I am new to this. I have come across a portfolio of apartments that have a CMBS loan of 29M on it. The seller wants an 11M check and the portfolio is ours. My question is, is ther...
Looking for some insight into FHA 203k loans.
Both my realtor and lender have discouraged me from going this route because they say FHA approved contractors are very expensive and it doesn't make sense in the end.
I...
I wanted to take a moment to describe how I raised hundreds of thousand dollars, developed over 100 units with OPM (other people’s money) and feel good about it.I am a circumspect introvert and often get trapped by my...
Hello All,
I am currently trying to get my first deal under contract and it has some pretty odd stuff going on that I need some advice on. So the back story is this was a driving for dollars prospect. I researched t...
Hi Everyone,I have a general contracting team available for anyone looking in the Seattle/Tacoma area. They do just about everything and work extremely hard. They are licensed and bonded. They are terrific and have wo...
Hello BP fam!I wanted to create a forum to hear from you on what are some of your favorite creative financing techniques?Feel free to share!
Non warrantable condo due to commercial/residential ratio. I can get financing at a local bank under the following terms:$235k purchase price 10,1 ARM 30 year amortized20% DownView report
*This link comes directly ...
Hi,I am looking for an investor minded CPA or tax strategist in the Central NY area. Syracuse area would be great but willing to travel towards Rochester if needed. I have 4 homes, and am actively purchasing more whil...
Hi everyone I am trying to formulate my plan and was curious if anyone had advice on what insurance you should carry? I am looking at 2-4 multi unit homes and I would imagine you need liability but not sure of what o...
I'm trying to structure a deal to assist a distressed owner I know. Here's the details, please advise if either option could work. Market Value of the property is about $230,000-235,000 Taxes and insurance are escrowe...