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So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
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As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
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If you were just starting out, and didn't have enough money for a down payment, how would you get a deal going?
I know many of you are cash buyers in lower priced markets. However; if you do finance your de...
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Greetings! (First post on a BP Forum!)I have a portfolio of properties (more than 20 units) that are being handled by a single property manager. I get the owner's statement every month (from Buildium) that shows ren...
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BP search function isn't working for me right now, I keep getting errors. I'm sure this has been discussed many times already.Anyway, what should I provide for guests in way of coffee? I don't drink coffee so I litera...
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In the Houston market, armed with $10K in good credit, how could someone reach the goal of creating $30K a year in cash flow within 3 years? The only assets they have is $10k and good credit.
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Hi all - I'm married with one child so far, in my mid-30s. I'm an outpatient internal medicine physician here in the Bay Area. For the next 3-5 years, single income household here (wife staying home with kid(s)). Very...
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I'm in the process of starting my first direct mail campaign for absentee owners. I have my list and I'm trying to decide who to use for the mail piece. I was wondering if anyone has used yellowletters.com and if so ...