Scott Fain
Does the law require me to have a note servicing company?
I'm in the process of purchasing a note in Michigan and the seller of the note says that I'm required to have a note servicing company in order for us to complete the transaction.I'm looking to service the note myself...
James Palassis
Can 1031 be used to paid down loan on your identified property?
I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
Carly Peterman
Blind Bid - No Listing Price - Starts at $1 - Not a Foreclosure
The neighbors of some family of mine are selling a SFH, maybe worth around $400k if it was fixed up, but is in bad shape due to foundation issues. Currently getting bids off the engineer's report to estimate foundatio...
Scott Mac
Facebook lays off 11,000 people
And So It Begins (once again):In the past couple of weeks:-- Facebook = 11,000 people unemployed (13% of it's employees gone in one day)-- Twitter = 50% of it's people laid off -- Zillow = 5% of its people laid off --...
Kenneth Reimer
Are Park-Owned Mobile Homes THAT Bad?
Hello! Looking at a small mobile home park in a strong rental location. 100% of the park is POH. I'm an experienced multifamily investor.How big is the difference in tenant psychology between a tenant in a Park Owned ...
Steven DeMarco
Help with deal analysis on house hacking into a fourplex
Hello everyone - wanted some help fleshing out my thoughts on this deal analysis for a fourplex in Utah. I'd be owner occupying one of the four units and using an FHA 3.5% down loan. Also, I may have the option to get...
Account Closed
VA Loan Newbie Investing Strategy - need advice
Hello all! Been reading these forums and the rest of the BP site for awhile now and believe I have come up with a strategy for investing in real estate in the very near future. I hope to get a critique of the followin...
Ibrahim Hughes
What kind of cash on cash return are you landlords/multifam buyers looking for these days?
For those that actually use the CoC rate of return to gauge properties. Thanks in advance.
Mason Bear
Phase 1 + what are we missing???
Hello BP,My business partner and I have been investing for ~4 years. We currently have 6 SFHs and an 8 unit, and our portfolio has performed a lot better across the last 4 years than we ever expected.We're currently u...
Dennis Tierney
Analysis of mixed use property
I need help trying to figure the value of the commercial side of a mixed use property. It is a rehabbed school and I can figure the apartment side, but, I have no experience on how to value the commercial spaces. They...