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Hey guys,
I hope everyone is doing well. Can someone help me with that question: will a bank refinance a rental property under llc? If not, what will you suggest me to do? I will appreciate your insight. Thank you.
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Hi everyone,
I'm considering investing in an older multi-family (~100 years old) around the Boston area. I only have experience with significantly newer properties and want to make sure I run the numbers correctly. D...
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I have scoured the BP blog and internet and have not been able to find a clear answer to a few questions I have regarding Debt to Income ratio, so what better place to ask than here! So here it goes!1) I have had a re...
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We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
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I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex. I swear when I asked some investors their expenses they acted like they had amnesia. Since I have over a yea...
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
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So, I am looking at doing my first rehab. Are there any tips for estimating how much the rehab will cost? Would it be frowned upon by the seller to get some contractors out to take a look at it and provide estimates b...
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"You dont get a second chance at a first impression" -Anonymous (Presumably, Oscar Wilde...)Being in the military has limited the necessity for research in civilian attire, but now that I am to commit to REI, it has b...
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Like everyone here, in the past couple years I was anxious about my insurance coverage. I studied a few policies very recently and changed my provider. This post is to share my findings, and may help you in your asses...