G. Emerson Zollos
Negotiating Loan Terms
Hey everyone,I have been struggling to figure out how to not over leverage when dealing with 5-10 year loan terms. The FCUs in my area have some solid underwriting practices i.e. lending on appraisal value not sale, e...
Account Closed
LLC, Tax Benefits, Rentals
Hello BP!
I have a question about using an LLC. Seeing as it is more difficult to get financing for rentals using an LLC when starting out, would it be an option to purchase a property in my personal name, then sell ...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Naveen Kumar
Cashflow analysis stumping me
I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
Yavuz Tokdemir
Starting our own GC for rehab clients
We are an experienced wholesaler team currently located in Mountain View, CA and we usually work with investors/flippers that are looking for off-market deals at discount. We have realized that GC fees are way higher ...
Scott Freer
Financing
First deal investor here. I have found many REO listings I like but by the time I get to see them all and make an assessment, they are gone. I have an 800 FICO and I have been researching real estate in my area fo...
Jason Davis
A, B, C Class Property
I see a lot of references to different classes of properties and was curious if there was some objective measure to make this determination or if it's more subjective
Brandon Clymer
Flood Insurance
I have a home in Indianapolis Indiana and the Flood Insurance keeps going up year after year, in just two years it has gone up 300 dollars. From what I understand this is regulated by FEMA, does anyone know how to g...
Antony S.
Does anyone believe the condo market is worth the investment?
I know of some condo high rise properties, that are transitioning from leasing to selling. I also have notice that price per square foot for low rise condo communities are considerably lower than SFRs, though that m...
Richard Warren
Tenants Die, Landlord Charged With Homicide
Tenants die from carbon monoxide poisoning and the landlord was charged with homicide. And you thought you only needed to worry about the rent being late!
http://www.newsday.com/news/local/ny-lilord1009,0,6148701.st...