Mark S.
Typical Wholesaler / Syndicator Terms
I know this will be different for everyone, but I wanted to get a general sense of wholesalers' terms and what's considered standard practice.
For example, I am in talks with a group that fulfills multiple roles: w...
Sam Booth
East Idaho Pocatello Rental Opportunities
Hi all, Looking into buying our 4th rental, but first in Idaho, out of state buyer. Is Pocatello or the Eastern area good, or any recommendations? Just started looking into this area as the properties are less expensi...
Joel McGinley
Moving overseas and still managing property
Hello all! I have been managing my own properties (just 2) but am now looking to move out of the country. So I might need a property manager. So far I am seeing what I think are very high fees. Finding renters he...
Stephen Brown
Quick Question on a BRRRR
Hello BP,On a BRRRR when refinancing, do you just go through a normal bank and ask for a conventional loan or do you go to a commercial bank? What if you cannot get a 30 year fixed? Would you still do the BRRRR with a...
Mike Goikhberg
Lead inspections and remediations
Anyone with experience have advice about dealing with the lead situation? I'm considering a rowhome in baltimore city that was built long before 1978, and it is not registered with the maryland lead program. I will be...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...
Damien McDonald
Construction loan appraisal - cost approach most appropriate?
Hi guys, when obtaining a construction loan from a portfolio lender for new construction on an empty lot, I would think the cost approach to value would be the most appropriate for the appraisal. I was given an apprai...
Anand Khanna
Can I buy another "second home" for STR with 10% down?
Hey all,My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 ...
Duane Ward
FEMA 2.0 regulations and knowledge points
We have interest in a property that renovated and raised after Sandy hit. I read that the FEMA standards have been updated. Since the property has been raised to the new fema flood standards, somebody mentioned no flo...
Jeffrey Kovnick
Commercial mortgage brokers
$8,500,0000 property; $3million down, 65% leverage (so $5.5 million loan). CBRE is my broker, they receive 2.5% buyers agent commission. I was told that they would help me through the loan process. So, today when spea...