Hello BP,I am trying to find a lender that will give me a long term (15-30 years) fixed rate mortgage for a single family home in an LLC. Is anyone aware of any lenders that will give "conventional" financing to an ...
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
Hello All, I am currently in negotiations with spectrum cable on a internet/cable 10 year exclusivity agreement for a 233 unit complex in Ohio. They are offering me 23k upfront (which seems low) 7300 a year in...
Hello BP community. Ive recently written multiple post on here and received amazing feedback. As the world goes on during these crazy times. We see inflation rapidly increasing, the prices of homes sky rocketing. Caus...
Hey Everyone! So I need some help. My deal analysis all started with a simple excel sheet I started. It was all going great, I was able to analyze everything in depth and understand the numbers to everything. As my in...
Hello All,This year, in July I started to enter the realm of real estate investing by renting out my SFH for $4k/month. I also have a full-time engineering job. I understand an individual may deduct up to $25,000 of r...
Hey all,Thanks in advance for answering questions that may seem obvious to some. This is my first time dealing with multiple tenants moving into the same unit. They are romantically affiliated. I only received pre-qua...
Hello everyone, I have a property I'm currently rehabbing and would like to do a cash out refi. It's about two weeks left in the project. I want to know generally how long does the refinance take to get done. Should I...
As the title suggests, I just bought my first home in Baltimore City and am looking to rent out some of the space. This will be an owner occupied unit with the rest of the rooms on the top floors individually rented o...
Noob here. This is a heavily loaded question. I am not expecting a lengthy response, just maybe a pearl of wisdom or two from those more experienced. Or, possibly a book or website recommendation.1) What are some ...