This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
There is a new green modular company out of hemet, ca. S2A Modular Went thru their presentation yesterday. Just wanted to see if anyone else has looked into them. Supposedly they can build a custom or one of their pr...
I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...
Approximately 6 months ago I purchased a 12 unit brick garden style apartment building that was mismanaged and needed to be properly maintained. The building is a half a mile from a very large Massachusetts College an...
Good morning BP,I listened to the most recent podcast about BRRRR and Partnership (Great episode). @Brandon Turner mentioned something along the lines of a balloon payment on some of these commercial loans.Couple ques...
What are things that I need to be aware of when choosing a hard money lender? Are there any specific questions I should ask? Do you have any recommendations for good ones? Thanks in advance for your response.
For those of you flipping or refinancing apartment complexes with commercial loans, what have you done regarding loan prepayment penalties? This may be a simple answer and you just refi with the existing lender and h...
has anyone looked into this? It claims to be a college on how to become a real estate investor from the best arpund. There are diferent courses the offer finacial aid and give you access to online classes or you ca...
Hello BP,I'm in CA and need some advice on some commercial lending terms. A lender provided some loan options for a 10 unit building. I'd like to know if the terms provided are typical of today's commercial lending...
Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.