Justin Summers
Question about using capital gains income for meeting Ratios on conforming loan/Heloc
I am looking to get a HELOC on my primary residence. The line will be over $500k so most banks process it similar to a regular home loan. It's been about 20 years since I have gotten a mortgage since I usually pay ca...
Vincent Dang
Who pay Lender's Attorney Fee?
Hi,I'm in the process of closing a deal as a buyer. Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of t...
Kyler Berry
Land development in Mapleton/springville
How much is typical price to pay someone to develop land? My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut. Is that excessive? he pays the million for all co...
Joshua Sayre
If you had 900k in capital, what would you do?
I want to jump into mid-sized apartment complex investing. What can I do to set myself up for success? I have been studying RE for the past 2 years and I want to buy and hold commercial real estate in Texas. Should I ...
Account Closed
Commercial Properties - where do i start? Tenants, comps?
I know LoopNet has listings, however looking for guidance – comps? Past listings? What about tenants…any recommendations on where to start on what we could charge on renting out the space?
We often come across comme...
Brenda Whittaker
Multi-family financing
In the process of analyzing a 4-plex, according to the Bigger Pockets guide to analyzing deals. How can I factor in financing costs if I dont have financing set up and to set up financing, can someone without person...
Karen Thomas
Meeting about a 24-plex, 100% owner financed. thoughts?
Hello friends,So I took a chance and mailed out 2(yes, only 2) letters to two different apartment complex owners. I had some free time and used the google machine to find their home addresses. Three days after mail...
Matt DuSold
Non warrantable condos
I'm in very initial stages of looking at a property that is non warrantable but obviously don't have all the cash to put up for it. So I was trying to think of some ways around it. I know there was a post on here over...
Bryan Mitchell
Purchasing Medium Multifamily on Loopnnet
Has anyone used LoopNet to find a medium sized multi family apartment complexes and actually close on it?
Chris Murdien
What's the best way to market off-market apartment deals in TX?
Hello BP Community!I just got an apartment complex just outside of Houston (League City) under contract and I'm super excited! What is the best way to market this opportunity to qualified buyers?Chris