Below is the proforma given to me by the broker for a 22unit in Sumner Washington:My calculations - I need to pay 2.4mil + 200k for rehab rolled into the loan to make this syndicated deal work. What is everyone's thou...
Hello Everyone!I am in the process of closing on my first multi-family property in the next couple weeks and I am about to put in an offer on a second.I was curious about what/if there is any change to the tax rates o...
Hello fellow investors,Looking to start my RTO company sometime soon in Ontario. However, have a few questions that I hope you can help me with.First of all, I do have all the contracts on hand, however looking for th...
I'm looking at going with the pro account, but it seems like the program focuses mostly on rental properties. Can I still use it for fix and flips or wholesaling? I am trying to build a nice little next egg first the...
I just wanted to give some thoughts from both an investor and lender perspective, especially for those in WA state where the market has been changing. I've been seeing a lot of refinance requests to get out of har...
Hello all, I recently purchased my first investment property and I’m happy with it! Although, it took quite a bit of my reserves and I’m curious to hear some of you guys stories on how you rebuilt your capital in orde...
All, I am looking for some advice from anyone who has had experience investing in short term vacation rentals internationally. I have a lot I have purchased in Cancun and am needing to submit plans for the constructio...
Hello BP forums!
First post here and I am completely new to real estate investing.
I live in Connecticut and I have settled on wanting my first investment to be in Connecticut. This is currently the only thing I am ...
What info do you ask from a selling broker. I'm mainly interested in the rent roll. Is there something else you ask for? A P&L would be great, but I'm not sure if that is generally considered appropriate to ask fo...
Hey BP!Thank you all for this great resource!My wife and I have our old townhouse rented out (N. Virginia) and currently own our home residence in Raleigh, NC. The N. Virginia townhouse is doing fine from a cash flo...