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I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...
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Hey Everybody,I am trying to get started doing BRRRs in northwest Indiana, but I have never done a BRRR before. Really, I want to get started but there is so much information out there that I am trying to make sure I ...
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I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
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Hey, I was wondering, what is the price for converting 2 car garage to a 1bd/1ba Unit?how much the labor/rehab cost?How much the city fees to get permit?how long it usually take?nothing crazy, simple 1bd/1ba Unitthanks!
Hello,I have a property in SC that I bought and lived in several years ago, it was a B neighborhood close to a flourishing downtown area and has a very large lot. The house that is on it is a 3/2 and netting a CAP of...
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Good Evening BP community. Was hoping some of you fine people could advise me on the proper direction to move forward. So currently have 20k and have found some homes in Philadelphia, Pa for around 12k 15k which would...
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I found a bank owned 28 Unit in OH. The bank wants to start at $350,000 (which sounds low enough to get me excited). I'm sure this will need significant repairs as it's completely vacant. I'm going to look at the prop...
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Hello All,I am very excited to get into RE investing and my long-term plan is to build a portfolio of Single Family homes in the Los Angeles area where I live currently. I am great with my hands and would love to find...
My situation:Renovated a home purchased for about $166k back in 2018, and for the most part, it looks like a better home, but there were some issues discovered that I didn't notice during the inspection phase. Those l...
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Anyone with experience owning both offices and multi-family properties able to share the relative risks of each? Looking to invest in class B properties between $450k-800k and 7-10% cap in Michigan. I've read that wit...