I've never done a CMBS deal before so I am new to this. I have come across a portfolio of apartments that have a CMBS loan of 29M on it. The seller wants an 11M check and the portfolio is ours. My question is, is ther...
Just looking to get a conversation going on the amendments to S.48 of the Ontario Residential Tenancies Act.Landlords are now required to pay one month worth of rent when evicting for the purpose of taking over the un...
This is just something I wanted to post because I think a lot of new investors can benefit from this… I love the BP forums and reading from all their experience. However, I HIGHLY suggest you do your own due diligence...
Need some help and advice from anyone who might have faced a similar situation:
We came to the day of closing and got notified from the escrow office that the city had placed a lien on the title due to an inspection i...
I am a seller who last night faxed my acceptance of an offer which involved my carrying the loan for 3 years. I've had second thoughts and now want to back out.Can I still do so without any penalty(like the broker wan...
Hello- I asked my current agent to terminate our listing agreement. The home has been on the market over 100 days and has not sold and I only received one offer (and the buyer rescinded it the next day). the agent is ...
Hello BP Community, I haven't posted in years so it's awesome to log back in again and participate.
I'm looking for help on two questions:
1. What are the steps and/or roadblocks associated with creating an HOA th...
Hello everyone. I am purchasing my first investment property in two weeks and was wondering what are your top 5 rules/policies/terms that you like to include in your lease agreement (that aren't found in the typical l...
I have searched for a while before posing this question, but couldn't find exactly what I was looking for.I recently put my latest flipping project under contract and have been going back and forth on whether to keep ...
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...