Hey BP,Here in California, deals I am underwriting (usually 80+ units) are seeing 4.35 to 5.5 on the top end. Out of curiosity, what are you seeing in your cities of investment?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $346,000
Cash invested: $22,000
Purchase Price: 346k + closing, all in 352k
Down payment: Conventional 5%
Ex...
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Well....we bought our dream home in the GA mountains 4 months ago. Seller's disclosure statement did not notate any structural modifications or damage to the home. Our home inspector did notice a lot of structural b...
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How would you go about purchasing a rental property in another state? For example: If I lived in NYC, but couldn’t find anything within my budget. What would the process look like buying property in Austin, TX? Any i...
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Hello guys, I’m looking for a wholesaler to buy in the state of Montana, what would be do and don’ts. Should I have a lawyer? Should I look for something in specific? Also, anyone know any wholesaler that could help m...
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Is there a particular strategy that makes more sense if you're going to finance through Hard Money or Lines of Credit with a high interest rate? Current situation is possibility to get up to $200k of financing with 0%...
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forgive my ignorance on the matter, I want to make sure nothing unexpected happens to my buyer.He is about to sign a purchase and sale where the proceeds of the property will go to an intermediary. I was led to believ...
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When buying rentals I am assuming the general consensus is to get an inspection; my question is how many things do you include? Is it worth while to inspect for Radon?, sewer line scoping? Wood pests? Trying to deter...
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So, I just discovered listsource.com and how detailed you can make your lists of homes to direct mail. Very excited! My goal is to buy rental properties, and I was going to simply use an agent... but I found that the ...
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I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...