AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
Jason Malabute
WHY I WALKED AWAY FROM A 40 UNIT DEAL
Last week I was in contact with an owner of a 40 unit apartment building in Independence, Missouri. The property was under a HAP program. To be honest, I was not familiar with the HAP program. All I knew is that the H...
Julia Taylor
10% Down Vacation Home Loan - Which states can you do it?
I'm researching STR markets and wondering which states/markets it's relatively easy to get a 10% vacation home loan in? I've been pre-approved in FL, NC, GA, and TN. However, in FL the 10% down doesn't work for most c...
Account Closed
Review this short sale deal (overview)
House is 3/2/2 in a high demand school district. Ive got it under contract and have started the owners doing short sale paperwork
needs minor repairs including fence and sprinkler system, carpet and paint.
Seller on...
Keith Robinson
Live in flip in the unincorporated (county) area of Los Angeles
Hello fellow BPersI am looking at a property in the unincorporated area of Palmdale, CA. I am planning on doing an initial rehab then start an addition (Master sweet) to the current property within the first year. ...
Wayne Connelly
Should I use an LLC to manage my rentals?
I know the advantages of TITLING a property in an LLC. Separate from that, I think that I remember hearing a RE guru say that in addition to this, setting up a separate LLC to MANAGE rentals offers additional protect...
Paul Harb
Energy savers program new construction
Is anyone familiar with the ComEd and nicor or new construction energy efficiency programs that offer incentives and technical assistance to developers. The project is a mid-rise new construction.Do you recommend them...
Natali Cobb
Should I include washer and dryer in my rental?
Hey BP, I recently purchased my very first property, which I am now getting ready to list for rent. One question that I keep going back and forth on is, should I include a washer and dryer in the unit? I have heard so...
Jacob Calbillo
Valuing additional lots
How do you value a small MHP that currently has 15 lots but was approved by the city to expand by another 20 lots? The current owner has received approval hasnt starting to built out the lot space and the utilities ha...
Christopher L.
Long Beach Multifamily Lending Products
Hi all. As multifamily investors here in SoCal we've been recently inspired by episode 288 of the podcast to start looking around for better lending products in the area. The guests on that podcast had mentioned they'...