Christian Beebe
Best Commercial Lender with these Options, Apt Bldgs
Hey all, need some people to give me their experience and advice on this/these scenarios:We are looking to do more deals in the future and currently have a 26 unit apartment building in our portfolio. Building is 100...
Jeff Caravalho
Solo401K - How to administer a loan to myself
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
Ted Klein
Needing Advice on Sellers Request for a Cash Deal
Hello Fellow BP'ers,I'd like to reach out for advice on a potential deal I have found. I have ran the numbers and it appears that this is a good deal. This is Two Townhomes sold together as a DUPLEX. Each unit is 2 be...
Charles Ulrich
Hello from Ann Arbor, MI
Howdy!I've been in sponge mode for a while now just soaking up all the great info and opinions to be had here. The time has come, I think, to introduce myself. (*Deep breath.*) Here goes.My name is Charles and I'm a c...
Jeremy Hale
Quick questions on the 70% rule and estimating fixed costs
I'm meeting with a wholesaler tomorrow to discuss some properties he has, one of which he has listed at 84k with a 179k ARV and 52k in estimated rehab costs. Of course, I will be scrutinizing these numbers and corrobo...
Justin R.
Charting and Trending Expenses.
I wanted to share something I created, and would also like to get feedback. Like many people do, I invest in several geographical markets, but wanted a way to visualize the expense breakdown of exactly where my money ...
Account Closed
My Top 4 Smart Locks For Airbnb
Hey folks, Once your Airbnb portfolio is greater than three properties automation practices become a must. One of the best ways to automate your listings is to use the self check in function. In order to do this succe...
Abraham Kaplan
VA home loan for a multifamily property.
I'm looking to buy a 2-4 unit property using a VA loan. I have a couple of questions.
1. Does it matter what type of lender? Credit union, big bank or a mortgage company such as rocket mortgage.
2. My COE says my ba...
Pramod Yash
Market Selection Criteria
I admit - I am a data geek. I suspect a 2020 recession so I am utilizing the time now to learn as much as possible about REI. I am also quantitatively gifted (forced to learn, lets say) with some technical chops, so w...
Joshua Nicholas
IRR Calculation (Distributions vs Deleveraging)
Hi everyone,This question is probably for the more financial modeling experienced people but any help would be greatly appreciated.I would like to figure out how to determine on a 5yr hold whether cashflow distributio...