I am looking to purchase my first rental property but I'm not confident my current situation at work would help me landing a loan. I was fortunate enough to not get furloughed or fired but my house have been drastical...
I purchased this property fully aware it had a lis pendens on it from a hospital here in Maine, its still a great deal if i have to pay it but my understanding is that it is a pending lawsuit, the bank foreclosed on t...
Can you really live off of cashflow from rental properties ...example property at 123 main st is a 4 plex and its 100 percent occupied with tenants paying equally 750 so it generates 36K a yr but when you factor in mo...
Hi,
Need some advice, i have a family whose interested in renting one of my units in JC that is 2bedrooms.
He and his wife have 3 kids and is expecting another kid.(2 adults and 4 kids soon to be).
His credit is...
Hello everyone. I am curious as to how many people on BP are here looking for financing options specifically for hospitality industry. Large hotel projects etc. I am also wondering if anyone knows of other sites where...
Looking for my first condo investment, will to put down 200K and looking for something in Manhattan. I keep getting mixed reviews. Does anyone have experience in Manhattan? Is this a bad idea? Looking for some cash fl...
Hello all,
Can somebody please explain to me in very simple terms what REITs are? What are the biggest pros and cons?
Thanks,
Nick
Is there a formula for real estate investors to know how much leverage or debt they can take? I recall there's a commercial debt coverage ratio but does it apply to real estate investing? When would a person know th...
I have am still somewhat in the learning process, but I am really anxious to get started and work on getting my first deal. I have spent a lot of time over the last maybe 5 years reading books and taking courses learn...
I have a dilemma that I hope my fellow BPers can help me work through. One of the many reasons I have pursued a carrer in real estate is to pay off debt I have accumulated over the years. Like many others, the school ...