Marcus Sullivan
80% LTV financing ADVICE needed. $4M now brings $5M in 3-5yrs
Hello,I am Marcus. I have a plan to turn $4M into $5M in 3 -5 years while still allowing myself to gain profits as well. I have included an outline from my Executive Summary below. It is done here in 7 years but it is...
Marcus Sullivan
80% LTV financing ADVICE needed. $4M now brings $5M in 3-5yrs
Hello,I am Marcus. I have a plan to turn $4M into $5M in 3 -5 years while still allowing myself to gain profits as well. I have included an outline from my Executive Summary below. It is done here in 7 years but it is...
Evan Smeenge
New Investor in the area
All,I also posted in the pro forum, but wanted to reach out to my local family. I am new and really need as much advice as I can getMy first question is: what is my next step?I am currently 100% owner of E&S Prop...
Todd English
Nearing End of First Flip - Thoughts?
SO, my wife and I began our venture into investment real estate approximately 2 years ago with a buy and hold strategy. We decided this year to do our first flip. We bought it for $114,500, put about $50-55k into th...
Dong Yan
with the skyrocket high interest rate shall I borrown HELOC ?
Hello Everyone,with the skyrocket high interest rate ,shall I borrow home equity line of credit or the convential mortgage to buy the investment property. The loan amount I need is really small about 250K which I have...
Jennifer Knestrick
Rate lock and loan amount
I realize this will simply come down to bank policies, but I’m curious what’s typical.In the the midst of a 1031 exchange, we qualified for a mortgage on the replacement property at $2.9M, and rate locked in mid July....
Tim Windhorst
Should I be worried? What would you do?
Hello BP community - I got this message from my property manager in Huntsville on Monday (yesterday):"This is the tenant at XXXX Apt. C. I got a call from Huntsville Utilities last night saying that there is something...
Andy Diaz
Self management or management company
I’m about to close on my first investment property it’s a Duplex on the Minneapolis southwest meto as this is my first one, would you recommend going with professional management or self management? Pros? Cons? Thanks!!
Codey Yingling
Collecting Late Fees
My brother and I own a duplex in Lakeland FL. Our late fee stated in the contract is 10% of the rent. This comes into effect if the rent is not paid before the 5th of each month(4 day grace period after the 1st) plu...
Brianna Stallard
Advantages and Disadvantages of Property Management Services?
Would any like to help a young investor describe the advantages and disadvantages of property management services?