I have interest in a 40 unit LIHTC apartment complexes. It was built in 1999 and is past the initial 15 year period. The agreement they have in place is Low Income- all 40 units must rent to tenants with income 60 pe...
Hi,
I am a new investor trying to figure out if I should focus on investing in apartment properties or commercial real estate (retail prop., strip centers,etc).
Suppose you can make a true 14% cap rate (includes 50% m...
Me and partner are actively investing and buying in multi-family and office building all over the country. We raise money from passive investors. We typically open LLC and have equal equity partnership with passive in...
Hello BP community,
I have opened a Delaware LLC early this year where I plan on registering 3-5 rental properties I plan on acquiring in the next 5 years. It is a single member-managed LLC. My question comes...
I have a question in regards to Owner financing, I have read many forums but yet to find my best solution or option. I ran across a FSBO signed and called the guy up who is selling a property for 55k with 5k down- Ow...
I have a property under contract of which the adjacent lot has a dilapidated home scheduled for Dec 5 demo by codes dept. Codes chief tells me neither the homeowner nor the lender USAA I believe in this case have rea...
A while ago on the podcast (can't remember which episode) I remember one of the guests talking about how they were able to sub meter the water for a multi unit building by using some type of device that can read the w...
I will be giving owner financing, writing up a mortgage, for a young family on a house I own. They both have decent jobs, but their credit is down from former divorce and other things.The house is $25K, they are putti...
My wife and I currently own a 4-unit rental property (4-plex) in Los Angeles and are now in the beginning stages of looking into purchasing a 2nd income property.
Our agent (who we trust very much) encourag...
Anybody ever lent a small chunk of money (~10k) to a HML Lender who in return will combine smaller loans and lend as a HM loan in 1st position.
What are the drawbacks? I can imagine that there is little to no protecti...