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BP,With regards to multi-family (2 - 4 units) My experience has been that local banks are not offering cash out refinance on the residential side due to COVID-19. For the duplexes and quadplexes that my business part...
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Hey everyone,I'm curious on your thoughts. I have an existing healthily cash-flowing rental portfolio but my current strategy is to buy SFRs in solid "B" areas in a steadily growing region. Once I rent them and refina...
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So I spoke with a loan officer at a regional bank last week about a conforming mortgage on a two unit. I own the property outright and was looking to get a mortgage on it. She said that they grant the loan to LLCs all...
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Hi everyone!! I am exploring the option of partnering up with a private money lender and I was curious on how these deals are typically structured. I realize no two deals will be the same, but is there say a "rule ...
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Hey Guys I’m new to the real estate world so any info is a plusThank YouOk so I have 20k at the moment looking to purchase my first rental, in the Baltimore area, but I am unsure on how to proceed! I mean I have a con...
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Hello BP Nation =)
I apologize in advance if this is in the wrong place.
I have several friends in the Real Estate industry (in various aspects), and one of them owns properties in Los Angeles proper. M...
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I am negotiating a multi-unit rental property in Baltimore. In agreement but after inspection I want to re-negotiate. Total loan amount is about $800k depending on re-negotiation result. Just talked to a loan officer,...
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Hi all!
I was wondering if anyone has had experience in investing in Costa Rica.
I fell in love with Jaco and Dominical and would like to buy a house there that I can Airbnb. I have a couple of friends that live i...
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I have a rental property in DFW area that is having foundation settling issues (no surprise considering the region). One side is down 3 inches. Ramjack quote me $10,000+ for 12 piers ($830 a pier)! Ramjack seems like ...
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Calling all California investors! If you’re trying to convert a detached garage to a 2 bedroom/1 bath or 1 bedroom/ 1 bath. On average, how much would cost be?