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I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
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I'm transitioning from perusing small residential multifamily properties (2-4 units) and SFH's to larger 10+ unit properties. It's been easy to compare deals since the financing has been strictly conventional fixed r...
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Property Description: non-MLS four family property was originally a 7 unit building (approximately 4400 sq ft total between both floors.) that was converted to a 4 unit building. The supposedly owner did a total ...
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So here is my attempt at crunching the numbers on my own I feel like I have finally grasped it. looking at this property at first glance:Duplex 2 units 2bed 1 bath each sale price 87,000each unit low end rent 600 each...
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So we've held two single-family homes as rentals for the last few years. We recently sold one and we're looking to purchase our first multi-family, a 4-plex.
Here are the numbers....
Purchase price- ...
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Anyone want to help me do some analysis on two different properties?One is a commercial (apartment building). I have 1 year as a loan processor in a commercial bank so I am somewhat familiar with the terminology and t...
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I'm still looking for my first deal and I think I may have found it, so once again I'm turning to the BP community to help me make sure I'm making a wise decision.Here's the situation:My aunt is moving out of the 3/2 ...
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Hello all,I need to know how to go about analyzing an inherited townhome to see if it would be a good rental. The quick story is my husband's mother passed away in late May and we inherited her townhome. She owes ab...
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Hello and Good day BP family,
Hope you all are having a great start to your evening.
I received an interesting call tonight from someone who's family member is behind on mortgage and needs out.
After talking to...
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Hey Everyone,Have been using an Excel file to crunch numbers and understand cash flow to decide on investments, but been getting a little tired of keeping track of all these files and then changing numbers on them. Wa...