Thoughts on this hard money lender deal...Will finance 100% of the purchase price and construction. 6-12 month termsNo points or any other fees (origination etc)20% apy75% APV needed on dealThoughts on this deal for a...
I am under contract to purchase 11 duplexes and have a 10 day DD period. Although I have scrutinized the numbers I would appreciate the feedback of the BP community:Details - $1,034,000 purchase$94,000 per unit$1200 ...
Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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Me and my girlfriend are looking into getting a condo or a house for ourselves sometime very soon before we start our RE investing endeavors. I spoke with a loan officer at our credit union who referred us to someone...
Question: My cousin and I are looking at a few properties in western Pennsylvania (just outside of Pittsburgh) . I've called around and I've got a few prices from settlement companies, but I don't know if I've been ...
Say a house was built around 1910 and is in a college/low income area, so it takes a beating. How much longer can these houses really stand for? Won't they have to be torn down soon?
I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks f...
Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...
I am planning to invest in a short-term rental in Cancun or Miami and list it on Airbnb (or have it as a condo-hotel within a hotel and have them manage it directly).Is Miami or Cancun best to maximize profitability? ...
I am considering a partnership with a real estate investor to buy and hold multi-family real estate deals. We will call it "XXX Company" for example. The partnership is 50/50 (as defined by our operating agreement), a...