Hi! I’m looking for some thoughts and advice on a deal I am currently looking at. It would be my first bank loan deal with a real estate agent. I’ve used the BP analysis calculator and ran the numbers. Original asking...
Good afternoon from sunny Savannah Ga. I have a home owner in Pre-foreclosure. She owes 27k to BB&T and has a HELOC with an outstanding balance of 95k. 32K gets the mortgage and lawyer fees paid off (reason for th...
Hey BP,I have a situation that I haven't come across before so I figured I'd post it. One of my tenants called me yesterday and explained to me that her and her BF (both on the lease) are splitting up. She was in tear...
So I find a tenant that appears to be pretty level headed. He works and takes care of his disabled mother. So we walk thru the unit and he likes it and wants to rent it. So make a long story short we sign the lease ...
Sorry if this doesn't make sense as I'am still trying to wrap my head around this. a house goes into pre-foreclosure, probate, etc(motivated to sell) and is met by a real estate investor. Investor gives the homeowner ...
I see a lot of multifamily listings that have the price set steictly on proforma numbers. I always hear to set your offer price based on actual rent rolls, T-12, current NOI. Cap Rate, etc. However, I come across a lo...
These past 12 months have shown us:
✅ We can’t predict the future.
✅ We can be nimble and flexible.
✅ We are resilient.
✅ Teams can work remotely.
✅ Real Estate can be toured and purchased virtually.
✅ Relations...
Hey All! Helping my brother go about a purchase of a property and we are brainstorming the best way to structure the deal. Here's the cliff-notes version of the story:The current owner of the property is going through...
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
I have a SFH (Single Family Home) in Tucson, AZ and the tenant just moved out. I've cleaned it up, re-tiled downstairs and its in great shape and in a good school district on the edge of town. Current mortgage with ...