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When a new buyer assumes a Freddie Mac loan on an apartment complex, do the current reserves transfer with the loan to the new buyer/borrower? If so, is it automatic, or does the buyer need to negotiate that into the ...
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Hello everyone,We just got our first MF under contract. Not sure how to approach it (re: funding, loan apps and etc)Here are the numbers:Total units: 7 (4x 2 beds, 3x 1 bed)Purchase price - $675,000Renovations - $20K ...
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I am analyzing my current portfolio for profitability. When calculating cash flow do you include a % for vacancy and repairs? If so how much would be considered a good cash flow for a single family one and a duplex?
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Trying to buy property in a very fast paced market right now with average home prices of 300k going up. Extremely high demand for rentals. I have my eye on a 70s trailer home, 2bd 1 bath, with a little porch and two s...
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I just got a new investment property, there is this potential tenant, single parent with four kids, the eldest daughter is 24 yrs old, the tenant was upfront about a rocky credit, but when I ran the application the c...
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Hey everyone! I'm getting back into learning about real estate investing and I am having trouble being confident with using the rental property calculator. I have watched a bunch of the webinars, especially about th...
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I buy and create notes for many reasons. Some are for cashflow. Some are to raise funds. Some are to exchange. Some are to balance equity in a real estate exchange. Why do you buy notes?
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Hello, I have a couple questions and I'm looking for advice. Check below. For market calculations, I'm in the San Antonio area.
About Me:
I'm 19. I'm moving closer to my college in the fall, and I'm looking at apart...
Hi new to the forum here. We just started flipping some homes recently and very happy with it.
We are hoping to start looking for some investors to work with us, so that we can afford to purchase larger homes. I ...
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Hello BP,
Just briefly I'm looking for a real estate agent or investor familiar with the Cleveland, Ohio area. I've obviously already used James Wise guide (https://www.biggerpockets.com/...) but there were some d...