My first post on BP, I've been a lurker for a long time.
I sold my e-commerce company last year and have been doing some real-estate investing, I've bought and fixed up several personal homes over the years and have ...
We are purchasing a 16 door (actually 8 duplexes) multi unit property in OK. Not sure if we should form an LLC for liability protection or just have it in our names? Any advice and help would be appreciated.
The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...
Hello! Looking at a small mobile home park in a strong rental location. 100% of the park is POH. I'm an experienced multifamily investor.How big is the difference in tenant psychology between a tenant in a Park Owned ...
Hi! We have a tenant who is doing a 1 year lease to arbitrage our property (single family home) out as a short term rental. The temperatures have been unusually low and pipes in the home froze for 5 days so far, makin...
I've started looking at multifamily properties in Phoenix Metro on the MLS, and noticed a strange thing. All of the books and podcasts I've consumed talk about cap rates being tied to the market itself, and the cap ra...
How easy is it to get a non-recourse loan for a fix and flip?I’m just thinking what is the worst case scenario for a fix and flip? If I get a non recourse loan and don’t have to personally guarantee the loan and put t...
Hello Everyone-I recently bought a property at a foreclosure auction that has been vacant for over a year. The utilities have been off for two years and a management company was hired by the loan company to winterize ...
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
Hi guys,
We are trying to close on a property (in Florida) and 3 days before closing the seller decided to back out because they dont want to provide us with the tenants drivers licenses/assignment of lease, etc... T...