Hello all,Within the next year, I am looking to invest in a multi-family home (duplex) in Wilmington, NC. Ideally, I plan on living in one unit, and renting the other; after 1-2 years living in-unit I would move and r...
When reaching out to potential hard money lenders, what are some good questions to ask? What is the overall process like? & What are the costs associated? What type of rates and points are first time investors pay...
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
We have a duplex and one of the units (2bd/1ba) is in sorry condition and may be nearing the end of its useful life - as in, its foundation would take 50-60k to fix and the wood siding needs to be replaced at not an i...
Hello,I have a wholesale deal I have been analyzing. This is my first investment property to analyze ever and I would like to know thoughts of the BP community. The property is in need of rehab. The rents are estimate...
Hello all,I am currently searching for my first multi-family investment property. I've been using the basic Google mortgage calculator, but I want to know if there are any other tools I can use to get a more detailed ...
I've been aggressively trying to figure out how to purchase my first deal. I've been able to get in with agents and have been getting deals sent to me daily but I have zero clue when it comes to estimating rehab cost ...
I'm trying to understand the reasons....pros/cons.... to requiring occupants 19+ years or older to fill out application? In my state you have to be 19+ years of age or older to enter into a legally binding contract. I...
Take these California Malls ---- Eastmont Mall - Closed (Oakland); Carousel Mall - Closed (San Bernardino); Laguna Hills Mall - Closed (which was featured in BACK TO THE FUTURE); and the Village at Orange - Closed. T...
Working on analyzing a project that my partner and I want to put in an offer today. It's a foreclosure in an established area of the Detroit suburbs. One of the units is currently occupied and the other is vacant. ...