Tyrell Proby
The Importance of Exit Strategies: Planning for Loan Repayment in Fix & Flip Projects
If you're venturing into the world of fix and flip projects, there's one crucial aspect that can make or break your success: the exit strategy. Having a solid plan for loan repayment is just as important as securing f...
Josh Eitingon
NY Multifamily Rent Regulations
The building stock in New York City is already old and undesirable compared to newer cities. With new rent regulations expected to pass by Saturday, the government will effectively create an environment of deteriorati...
Gil NA
Private Lending Advice
Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...
Caleb Dryden
Refinancing hiccups-debt to income ratio
My real estate portfolio is growing and as it does I'm having trouble continuing the BRRRR strategy. I have a 9-5 job, no debt, other than the properties I've BRRRR'd and refinanced, thus picking up a loan in the end...
John Wang
Any park owners/investors in WA?
I'm in Seattle. I've been working on purchasing a park in WA for about 18 months now. I've done feasibility on a few deals now that ended up not being deals due to land-use permitting issues and dishonest financial...
Brandon Sturgill
What's First: Establishing a Private Money Fund of Finding a Deal
Would you mind sharing your perspective on whether you think it is preferable to raise private money to buy property, or get a property in contract and present to private investors?...and why?
Greg K.
Other ways to offer home as collateral besides mortgage lien?
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...
Greg Gallucci
Creative Financing
I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
Jimmy NA
Good deal?
I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
Joshua Nudell
A topic that came up in a local REIA event I attended: Distressed mortgages
Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages. I wanted to see if anyone on BP has had experience with these types of ...