So I have an interesting dilemma. My wife and I are currently in escrow on a 3/2 SFH in Central Florida. This home has a garage that has been converted into a mother-in-law suite with its own kitchen, bathroom, and...
Whats the maximum interest rate you can charge when financing a MH deal in Texas? Does anyone know?
I always see the current average national interest rates for different types and lengths of loans, but I have never been able to get as low as what is advertised on several real estate or banking websites. I've asked...
Ok ladies and gents, give me your opinion on this one! (takes a seat).......I'm aiming at being a owner-occupant on a 3-plex unit. The problem is, its fully occupied AND the owner DIED. The property is closing the pro...
Hello BP,
What sort of mortgage rates are you seeing/using these days? 30-year fixed.
Hey BP family, I was wondering which was better. Interest only payments or principal and interest payments For a private loan on a multi family property. Assuming that the interest rate was the same for both loans a...
Hi All,I am about to pull the trigger on my first 20 unit property. The expenses + T&I equate to 40% of the monthly total rent. My CoC return would be 9.2% which I think seems decent in today's world. Here's the q...
Hello BP - I have a question... Currently, I am invested in a new development syndication as an LP. The funds were invested from my LLC. Recently, we hired a CPA who advised us to invest from our personal account sole...
Hello Fellow BP investors! I refinanced a property last year and my accountant now tells me the interest that I pay on the new loan is not tax deductible, due to the 2017 Tax act and new interest tracing rules added....
Newbie posting for first time here, names changed to protect the innocent. I'm researching a property in Southwestern Colorado that has the following language on the county's property record "SMITH, JANE C UND 2/3 PC...