Jose Lucina
Request opinions and direction on whether to sell or rent out my condo
Hi BP friends,I am having some problems trying to identify whether to sell or keep my condo and would appreciate your expert help. I originally planned for keeping this condo as a college fund or downpayment house for...
Jorge Abreu
Questions You Should Ask The Sponsor
Experience
• How long has the team been in place?
• How long have the principals been in real estate investing?
• How many assets have they acquired
• Do they currently own, manage, etc.?
• Have they gone thr...
Dale Miller
When comparing loan estimates.........
When comparing loan estimates what are the most important things to consider in order to know which deal is the best now and the best in 5 years?APR? Interest Rate? Origination Fee?I've been getting mortgage loan esti...
Sam Albury
Can anyone recommend their top ranked refinance solution ?
I am looking to refinance a tenant occupied home in California. Would you be able to refer an entity with the best deal and without ridiculous fees?
David Simpson
Origination fee... real or fake?
Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
Greg Snyder
Help with Analysis of 2 Investment Properties
Hello: I would appreciate anyone's input into my analysis of 2 multifamily apartment buildings I'm looking at. I'll use the asking price for the analysis, although I expect I'd offer less for each of them. Both a...
Account Closed
Hard money term meanings and credit
I have four questions.
#1. Looking at a local hard money lenders terms, I need to understand what the following terms mean:
a. LTV: up to 70%
b. Repair draws: 70%
...
My Nguyen
Will this rental property has potential for cash flow with DSCR loan?
Hello fellow investors,I'm a newbie. Please help me analyze the deal below to see if this rental property will cash flow at least $200/month? I run a general numbers but looks like it might not be positive cash flow.P...
Victor N.
Need Help With Owner Finance Deal
This contractor I met when he came to give me a quote on a new project, offered to sell me a 1BR condo he owns. I said I would only be interested if it is owner financed and he agreed.Asking $55,000 which is close to ...
Sean Wilt
Lower rent higher cleaning fee or higher rent lower cleaning fee?
Question. I'm thinking higher daily rent with a lower cleaning fee is best? Say $400/night as an example with $150 cleaning fee which would be the going rate in my area so cleaning fee would essentially be a pass th...