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I came across a national chain restaurant for close to 3M. The CAP rateis about 7.25 and has about 10 years of lease remaining. The Cap rate becomes 8% on purchase price in two years due to price escalation. From a re...
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This is my first post in this area. I've been asked by a couple of homeowners that I have approached about what happens to their credit. If the homeowner and buyer arrange a sales prices for less than what is owed a...
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At the present time i have been working two jobs, one for five years and the other for three. I usually work about eighty hours or more and i have not had good luck working a decent amount of hours due to companie cut...
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Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
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Hi all-Newbie here. Searching for my answer on BP, time and time again I hear that live-in flipping is too good to be ignored due to the enormous tax capital gains tax benefit. My question is, what differentiates the ...
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So I am approaching my 18th birthday and once I graduate I plan on using an FHA loan and putting 3.5% down on a house hack. Here’s the issue... I’ll be 18, realistically the bank will need some credit history and repo...
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I am seeing a lot of people on BP with more than four mortgages at a time.
My question is, how do you get approval for so many mortgages so quickly?
My realtor previously told me that it takes two years to be able t...
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Hello BP Community! I'm excited to be here. I've been thinking about real estate investing for the past couple of years, and about a week ago decided it was time to turn my thoughts into action. I've been reading ever...
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I have a paid for house that the market value is about $800K. I would like to use the equity for an investment but do not want to make payments for two years so I am thinking about a reverse mortgage for $200K to be p...
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How do you handle a fraudulent service animal claim?The tenant submitted a "prescription" letter for an emotional support animal through petscreening.com. When petscreening.com contacted the service provider to confir...