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Financing a multi-family property typically involves several steps:
1. Down payment: Ensure you have 20-30% of the purchase price for a down payment. Most conventional loans will require you to bring around 25% of th...
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anyone use private money lenders? why do they ask for upfront fees.
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Closing on a SFR in Big Bear this week and my normal insurance carrier (AAA / American Modern) doesn't cover short-term rentals.Any recomendations on who to use up there?Thanks in advance!
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Hey guys, I sent out 1000 postcards to absentee homeowners last week I finally got the calls today but from 2 sellers who doesn't sound motivated and 1 angry man asking to be taken off the list. I want to know how man...
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Hello,
I am currently in the process of purchasing a multifamily and I have someone who is interested in doing a joint venture on this property with me. They willing to put down a 25% down payment. We plan to hold th...
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Fellow BPer's,
I am curious how many offers are typically made on one property before you actually receive a signed deal. This number varies with the more and more people that I speak with and I am curious what most...
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Hello wonderful BP community!
Here's a question for all the apartment junkies – I'm running numbers on a deal from a broker where looks like there is opportunity for management and utility segregation value add. 26 ...
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We'd like to purchase a live/work property. Two questions 1) What kind of financing is typically available for this kind of property? Some say commercial some say residential. 2) Can we do a 1031 exchange so we can u...
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Hello all!Newbie here, though have been reading BP forums and blogs, and making connections for a while now. Question for those in the BRRRR game:How long does it take you to go from B to the final R? Not including th...
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Can someone help me out by listing/summarizing all the costs associated to buying a piece of property? This question is more around the legal framework and paperwork needed to acquire a property.
For example, someone...