A few months back I sent a letter to an absentee property owner of a 6 unit brick building that had been run down for years. Initially I was interested in purchasing, renovating and leasing the units out - there are (...
I'm in need of some advice & opinions.I purchase long term rentals. I got a gem of a property under contract that should rent for $1500 a month on $110k purchase price. It is a condo on the north side of Chicago....
Hi BP famI am about to close on a multi I am buying with cash ( first income generating property for me ). After I fix it up and get my tenants installed I want to get a mortgage and pull most of my cash out. Would it...
http://www.bloomberg.com:80/apps/news?pid=20601039&sid=aColIYAe.RaU&refer=home
April 24 (Bloomberg) -- Give money away. That was a solution to the housing crisi...
Hello, we are new to commercial investing and wanted to throw this possibility out for opinions...A commercial building for sale for $739,000. A long term tenant, lease NNN that expires in 2024. Current NOI is $52,218...
Hi all,Excited... This is my first BP post. :) I am under contract on 2nd BRRRR home. Closing June 16th. Purchase price 60000Rehab costs estimate 30000Taxes 6000 per yearInsurance 600 yearRent for 1200 a month.Paying...
I have a few paid for rental homes that are held within a c corp. I would like to expand the portfolio with mortgages but am being told that I would need a commercial loan rather than conventional financing. The comme...
Real estate deal structures can get more advanced the more someone invests, generally there are 3 terms that all investors should understand before investing. Those 3 terms are: Preferred equity / returns, waterfall d...
Does anyone have any experience dealing with ‘100% financed flips’?Looks like several companies offer it but I’d suspect there is a catch. Dohardmoney.comFreelandlending.comRehabbuilder.netAre a few I’ve looked at.
Hi
I have seen a two unit house in a decent neighbourhood. The first floor has three bedroom and two bath while the upper unit has one bed room and one bath. The owners are selling this property and were in this one ...