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Hi BP knowledgeable people :-)Does anyone here has experience with landlocked lots?I come across these very cheap lands from time to time and always wondered:1) How the hell where these subdivided without access (even...
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Hey BP,I'm gathering financing options for my first MFH (6 or 7 plex) purchase.I've used both conventional and portfolio lending up till now, and feel comforable with it. However, I heard Jeff Greenburg mention that ...
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Hey everyone! I am in a bit of a tricky situation and wondering if anyone has experience in dealing with a situation like this...
So I am looking to purchase an 8/3 REO in Brooklyn, NY. The numbers are grea...
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Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...
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Hi BP,
It has been an exciting year but also a painful one. I finally bought my first investment property and put a some funds into to create a granny flat studio. Unforeseen because mostly lack of experience and it’s...
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Hello all. I have a question I would like to get everyone's opinion on. I'm currently 21 years old and I have 12k +/- that I'm willing to put towards initial investing. I personally believe real estate is the best ...
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Hi,
I am pretty new to BP and have been binge listening to pod casts - I can't believe it took me so long to discover this great community! I am looking for advice. I have 7 rental properties, 6 in California and I ju...
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Hello all, so I am closing to getting a 3 unit multi-family house in the Lehigh Valley, PA area. I just have a few questions I am worried about that perhaps someone with more experience can help me with. 1) I took out...
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
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When a syndication or fund wants to buy an apartment building, for, let's say $10M, they have two basic options to finance it:
- Debt
- Or Equity
Equity is expensive, as investors demand high returns. It takes on ...