Hi everybody,I am pretty new to BP but it looks like a fantastic website and community..I started investing in Hartford a while ago so i can defiantly use advice from people having experience in this field. I current...
Hi Guys,
My duplex in Oakland is zoned RM-2. I would love to convert my duplex to a triplex if possible. I'm currently renovating my rear unit and it has the perfect layout to split into 2 units by adding a wall and ...
Hi, I will be refinancing my 7 unit building soon and would like to know, what documents do a commercial appraiser request to understand the financials? Would last year's tax return be enough? Or do they need rent rol...
Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
We recently purchased a 16 plex broken into two 8 plex buildings, completely full with tenants. One of the buildings has an infestation of roaches and we believe it has spread to the other building as well. We want to...
Hey BP community. I'm doing my due diligence on a 9-unit building in Baltimore, MD and one of the items we asked for from the listing agent is the current leases for the tenants living in the building today. He repl...
I vacation a lot in Mexico, and am considering buying a condo in a great complex (the Icon) in Vallarta. Anyone have experience to share?
For example, there is a $100k rehab loan. The investor requests a draw for $10k to cover the first part of construction. Are the interest-only payments based on the $100k or Just the amount drawn? In this case, the 10k?
Hello,
Looking to purchase a mobile home (personal property in a park) subject to an outstanding balance and take over payments in Texas. I want to sell to another buyer while payments are being made to the lien hol...
Hi all.I've had this deal under contract since Dec 8th 2020. Lender had BPO done February and came in astronomically high. BPO is 480k on a home that is not worth more than 300k. The realtor who did the BPO is not eve...