Bryan Berrios
Calculating Rehab from only an outside look
How do people estimate rehab costs when driving for dollars for off market properties when all you ever see is the outside? Like if a property is vacant with out of state owners? You obviously can see the state of the...
Mark Nolan
Lenders at 5-10% down on investment property
Hi BP!I own 3 multi-families in the greater Boston area (2 duplexes in Watertown, One Duplex in Brighton) and I'm looking to expand my portfolio.There are several properties I've been looking at where I can afford the...
Chris Adams
Whoops ! 15k Mistake
One of my last rehab purchases is an interesting story. My realtor called me one day and said go look at this house, its exactly what you want for your rental fleet.
At that time the house was on Auction.co...
N/A N/A
No Repairs
Hey yall ... I have a question. I got an email from an investment company that has a property for sale. The property is a practically new build (2006). Its a 4/4.5/2 4310 sqft. The market value (per the investment...
Bernie Germani
Do You Smell money, Or Would You Run Away From This?
I have found that probates are the most motivated seller leads out in the market place, and we run across properties like this all the time. Does this type of property scare you? It shouldn't as money is to be made on...
Carlos Asuaje
Does this sound too good to be true?
So i am new to this RE thing but i feel like this deal seems a little fishy, it just seems too good to be true. I found a deal in charlotte, NC for a MF duplex rental property for 129k asking price, for sale by owner....
Dylan Smith
How Interest to Charge on Private Money Loan
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
Keenan Ernest
VA loan on 5 unit if we occupy 2 units?
I currently live in a house that I bought with my second VA loan (financed 195k, 182k left on loan), that has a one bedroom apartment above the garage that I rent (no lease) to my Mother in Law. A property has come on...
Account Closed
Lead time on direct marketing
I got two messages during lunch yesterday. When I checked them, one was from a seller that said she got my letter last year and hoped I was still interested as she is selling now. The other call was from a woman who...
Fabiola F.
Syndicating as co-GP. Am I asking too much to JV w/ my investor?
I have an interesting deal on the table to join a pretty significant multifamily syndication as a co-GP for 1,000+ units at a price tag of $130m+. Financing is in place as is an institutional equity partner. My positi...