We found a property that on paper and in person appears to be a good deal. The problem is, it's in a high flood zone that was previously heavily effected by Sandy. The properties foundation since that time has been ra...
As a value-add investor, cap rate is not a main focus of ours when evaluating an exit.We do not control the market and neighborhood cap rates when investing in multi-family. We can still manipulate the NOI based on ou...
Real estate development is a complicated capital intensive process and there's a lot you need to know and do before you put a property under contract or close on a property you plan to develop.
First you need to do a...
I am looking at diving into diversifying my income. There is a 9 unit apartment complex that is coming open for purchase. It was built in 1900 and the owner is going to sell for $133,000. When fully rented, it makes $...
I have successfully flipped a number of properties. My typical property has been under 2000 sq ft in a good neighborhood with good schools. I have an opportunity outside my past experience. The home is nearly 50...
Good afternoon BP,
I am a new investor starting out my business model with lease option sandwiches.
My question is: how do I determine the future value/purchase price of a home when structing the lease option sandwi...
As in the title, I have no income but I do have cash. Do you think I could get a loan at a reasonable rate, or am I limited to cash-only deals? It would be nice to utilize a little leverage. My FICO is around 800.
...
My husband and I are looking to invest in our first multi family property - a 6 unit apartment that is under-managed. I'm stumped trying to determine property value using typical commercial calculations as the propert...
Doing as much reading as possible on BRRRR and Flipping but can't seem to locate any good books on Appraisals and determining the true value of a home from Comps and such. Not looking to be licensed but was wanting t...
I have spoken with a few different banks, credit unions and private lenders and it seems like there is not a typical type structure. I am a new investor and trying to determine how much I need to realistically save to...