How much equity do you have to have in your home in order to be eligible for a home-equity loan? Is it a minimum of 20%, and for example if you have a home worth $200,000 and you owe $160,000 but have $40,000 in equit...

I'm considering using hard money to cover some of the holding costs and renovation for an indoor storage conversion project in Davenport, IA.  Wondering what kind of terms I can expect when using hard money?  I unders...

Hello everyone, recently my father has been looking at properties to buy and rent out, he has rejected various opportunities from people i know, because of the location. I understand that location is important but if ...

I'm just looking for a mentor for commercial real estate investing. I just started to read up on it and doing my research to learn and find it very interesting.I'm currently in the middle of buying my first quad plex...

Hi BP Community,Ok so, the mortgage broker that helped me a couple years ago with lending on my current home contacted me to see if I was interested in refinancing.  I told him I was interested and to send me the num...

Hello,
I'd like to get an idea of the multifamily operating expense percentage in the Denver area.
I was told by a broker that it is around 35-40% of income with property management included.I was thinking closer to...

Do property taxes automatically get re-assessed after you buy a property based on the purchase price you pay? If it does, how do you really evaluate a property properly?

I'm looking at acquiring a condo for the convenience of having a place close to work that I can rent out in the short term future (3-5 years.) I have a back of the envelope pro-forma analysis in excel that I use when ...

I am trying to rehab a unit after we finally got a tough tenant out. It is in rough shape, but it is hard to get someone inside the next 6 months to do the rehab with a permit. I'm looking into doing a smaller version...

We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the hous...