So I got my broker license just for MLS access and my brother-in-law asked me to manage a couple of his properties and lease out a condo. I figured, “Why not, it’s experience I don’t have and maybe I’ll end up opening...
So I got my broker license just for MLS access and my brother-in-law asked me to manage a couple of his properties and lease out a condo. I figured, "Why not, it's experience I don't have and maybe I'll end up opening...
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...
I am noticing in most of the cities in San francisco bay area that the new townhomes (I am taking about high 800's to low 1 million dollars) are costing more or almost the same as old single family homes in the same a...
Hi BP family - I just got loan estimates for a cash out refinance I am trying to do on one of my rentals. 3.625% for 30 years, but with 3.6% paid in points/fees (plus a $650 appraisal fee).Loan amount = $187,500Proper...
I’m just beginning my RE journey, but I can’t get over the feeling that it’s a bad time to buy and hold. If real estate values are at an all time high, would buying to hold and then refinance ever make sense? Values w...
Assuming the potential deal you are analyzing meets your target IRR for investors (net of fees), what's the best way to determine if the deal make sense from a sponsor/developer's perspective? Is it simply making sure...
I have a lot of residential market data for California and recently put this together, quite shocking!Developer #1 & #2 are competitors who both buy projects at a 20% estimated return level. They do the same fix &...
would you do it?
I am in an area with a really hot housing market. There is one side of town that I have picked out, as it is not extremely expensive yet but it is really starting to get some traction. Here is the plan:- Use FHA const...