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Hi BP,I've been analyzing deals just to get as much experience on finding a good deal. The problem is I'm putting properties into my excel spread sheet and my cap rate pro app and I can't seem to "make" any money if I...
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In a wholesaling agreement, is it possible to add a contingency clause to back out of the contract if you are unable to secure a buyer in the allotted period of time?
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Hey BP Nation,
I am a young investor who has been hunting for my first property to househack in the Cincinnati area, and I am happy to report that I have a duplex under contract!! I am very excited to get started and...
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Has anyone done a L/O on underwater property?
How does this sound:
If lessee/buyer/tenant exercises option, make the sale contingent on bank approval of short sale. If the s...
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I have been researching HML's and so far Lima One Capital seems to have decent rates for first time flippers (3.5 Origination Fee, 12% Interest, 70% LTV, 90% LTC, 10% Down). Does anyone have any other recommendations...
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Hi BiggerPockets,
I’m thinking of buying a piece of property in Detroit, MI (hear me out now) that could eventually house a 4plex. I know real estate investors have some negative feelings about Detroit but there are ...
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I am planning to buy a new rental property with a new mortgage(Conventional 30 year) but was wondering how my old rental property counts in my DTI because I believe my lender is calculating it incorrectly. I currently...
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What role does CAP Rates play in Multifamily investing when it pertains to evaluating properties?I heard from other investors that CAP rates are used for market sentiment and that Cash on Cash, Equity Multiple and IRR...
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Would love BP MHP Pro feedback.
After analyzing over 100 deals I found this one.
1. Do you believe this is a deal?
2. Is there anything I should look out for?
3. Should I add anything?
4. Are the terms OK?
Unt...
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Hey guys,
I wanted to start out by saying this site is great and I love the twitter application for updates! I love listening to the podcasts while driving, works great!
I will start with a little back ground of mys...