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I just put my first unit on the market and I'm getting a whole range of interested parties. Many of the folks who seem like decent potential tenants have lower credit scores. There are many folks in the 600-650 rang...
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We are in the process of getting another DSCR loan. What do you all think are the pro's and con's of a 5 yr ppp in the mid 5% range vs 3 yr ppp in the mid 6% range. I'm getting mixed signals about paying pts from lend...
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Hey folks,I got a deal thats looks pretty good in terms of numbers. Let me know if you think other wise.On a 30 yr loandownpayment: $19,400total cash outlay: ~$25,800monthly cash flow: $297.18yearly cash flow:$3,566.1...
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I closed on a 12 unit apartment recently and just starting to get the inherited tenants (11/12) onto Hemlane to pay and communicate. There is a few old tenants, some with dementia and one that doesn't even have a cell...
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Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...
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Hey
I'm new to real estate investing and want to learn more. Reading these
articles is ok, but do you know of any web sites were I can watch video or
listen to audio of real estate seminars and lessons?
I need to le...
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I have received an application from a prospective tenant who is with the Army, but he did not provide any contact info for me to verify his employment/income. I will request that information, but due to my lack of exp...
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I hear a lot of podcast where people say multifamily is so much better than single family and for a while now it's been my goal to either buy a small apartment building or mobile home park. My goal is cashflow to co...
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Hey, My name is Jason Lam, and I literally just out of the blue decided to take an online course in fundamentals of real estate. I am clueless about real estate and hope I can get some of these questions answered. My ...
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Hi BP Nation,My question is fairly simple. I am part of a team who is just getting things together for a project where we need to raise $2m for the land and an additional $5m for the equity portion on an apartment bui...