Petro B.
Converting Hotels to Multifamily
It looks like the hotel industry would not fully recover for a long time, so what are your thoughts about converting hotels to multifamily? It seems there could be an attractive entry point in this environment. Concen...
JP Krueger
Sell as 2 family or condo conversion
Hi, I own a 2 family in East Boston. It pretty much needs to be gutted on the inside(except one unit was recently partially redone) and needs everything on the exterior as well. I need the cash so I am looking into ...
Doug Teasdale
I am new to the purchasing side...any advice is welcomed
Hello BP, I have been a GC 20+ years, I had an account with all the banks and Freddy Mac back in the day doing their remodels and make ready's. If I had to guess I probably have remodeled over 2000 homes from Californ...
Scott McGill
online lender or scam???????????
I was checking out online lenders and kept seeing these guys ONE TRUE LOAN with crazy low rates. They currently will do 4.35% when rocket is at 4.75 and my local guy is at 5.125% for a $40,000 cash out refinance in Or...
Adam Schneider
When Seeking a Private Money Lender, ask the following…
I hear so many people who are talking with money lenders immediately talk about the interest they are willing to pay. Two things to consider--first, it might be best to start the conversation by asking the lender what...
Eric Johnson
Converting Property From Oil to Natural Gas
Greetings BP members,
I'm looking to buy-and-hold a rental property (duplex) that has oil heat. However, if I decide to buy it, I plan to convert it to natural gas since there is already a gas line into the ...
Hastin Shah
Condo Conversion in Jersey City - How easy or difficult it is?
It seems a lot of people now a days are converting their 2/3 families in jersey city to condos - and then selling the condos (for a high price) individually. Questions - 1. How does the Condo conversion work? What is ...
Mike Minigell
HELOC lenders in SoCal
Hello!I am seeing if anyone knows of any good lenders to work with for a local bank in the California area . I am looking open a HELOC against my current home valued around 1.5m . I do not have a mortgage or anything ...
Brent Rieman
Convert 8 unit building so they can be sold/financed individually
Looking to see if anyone has any experience or suggestions on this topic. I have an 8 unit townhouse building, its beachfront on Lake Erie, very unique property. Its considered commercial for Banking purposes so I...
Courtney Glass
Market analysis of a small town for self storage
I am looking to buy an existing self-storage facility in the Southeast TN/North GA area and just found one for sale. I am mostly just working on learning how to properly analyze these deals. I am struggling to figur...