Hello all, I am in the process of purchasing a 2 family home using a DSCR loan. This is my first time going non conventional. I am trying to figure out the numbers to see if it is profitable. Any advice from those who...

OK, really like to see what people have to say on this one.

1) First tell me your area and how much it is down so far from the peak.
2) What do you see the total % loss from the top until we hit the floor?
3) What t...

Dear BP Indianapolis Experts,I have a question about a very specific neighborhood (sub-neighborhood?) in Indianapolis, namely Arsenal Heights.  Any insights which are not readily researchable would be greatly apprecia...

I am eyeing a 47-unit MHP here in SC. I'm seeking feedback on this deal, primarily is this a good deal and price? Details below:$700k**(I'm aiming for $625k)Seller Fi, with 20% down.Will finance for 25 years at 6%47...

We have a customer on our site who has a significant amount of paid listings she has paid for and posted. In order to show her how committed we were to her order, we have marketed her properties heavily and the result...

My dad just sent me this link.

http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/

What do you all think about the REI market in Detroit after...

Monday was a rain day for my tenants.  They couldn't work.  Guy #1 called me and asked if there was any work he could do.  I gave him a chainsaw and told him to clear out all the overgrown trees around a STR.  Found o...

Hi there, I'm a new landlord and I've come up with a bit of a problem renting out my apartment.I found the perfect tenant, arranged a day and time to sign the lease and called the other applicants to let them know I r...

After a few years of dreaming, we are ready to purchase our first STR. 
Strongly considering these two areas .... 
Outer Banks (Nags Head, Kill Devil Hills, Kitty Hawk) 
or 
Wilmington/Southport (Carolina Beach, O...

Hello: I would appreciate anyone's input into my analysis of 2 multifamily apartment buildings I'm looking at. I'll use the asking price for the analysis, although I expect I'd offer less for each of them. Both a...