Investment Info:
Large multi-family (5+ units) commercial investment investment in Miami.
Purchase price: $93,000,000
Cash invested: $33,000,000
341 units in Del Ray Beach -
Property should produce ...
Hi BP! I'm looking for the lowest possible down, fixed-rate product to finance a turn-key Airbnb w/ more than 12 months of financials. DSCR/asset based. Thanks!
I'm confused on how people go about buying +100 and more unit buildings.
questions
1 Are they bringing 20% down (that's a tun of money i don't think i will ever not have it invested in something else)
2 Does the bu...
Fellow BPers,I found a commercial retail property (strip mall) that I am interested in but I have no idea how to evaluate it. I've never done any strip malls before. How do I run the numbers? How do I know if this is ...
Just had a tenant pay a $500 deposit then claim that one of them accepted a job out of state and wants their money back. Of course after receiving the deposit I took it off the market and stopped showing it and turned...
Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
My wife and I are looking at a triplex in Florida, we currently live in Illinois and are trying to change permanent residency. We are trying to get a Pre-approval with just her income, she works remotely and I am an e...
Hi everyone,
I've traditionally stuck to long term buy and holds that have required limited repairs/ improvements and have not gone through the refi process as yet. Any input you all may have on the margins and or d...
Hi BP,
I'm learning more and more about multi-family investing, but I am having trouble finding the answer to a specific question. If I have a partner that wants to fund the downpayment on a small complex, but then d...
Posted: Tue Jul 10, 2007 10:41 pm Post subject: REO questions?
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Thanks Ryan,
I was wondering:
By the time a bank takes pos...