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I have been speaking a lot with PMLs, specifically the one's that offer 100% financing LTV and LTC
My concern is that they keep asking me for a loan origination cost, which seems like a scam to me
For instance, one ...
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I thought if I have a good deal under contract, it won't be a problem to find private lenders to sponsor it. That was my thinking. So I focused on finding deals. I recently found 2 flip deals. Then came the dilemma: h...
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Has anyone ever done a odd term lease for a tenant for your own benefit? In this scenario, I am about to fill a newly purchased rental property. However, it is getting late into the year, so I thought about doing a 10...
Hey Everyone!Excited to join this community and make my first post! I am interested in getting into the STR/VR market and am looking at several properties right now as a potential investment. I am building out a model...
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I have to say I'm very encouraged by the mentality of investors helping other investors. It's quite refreshing and I totally understand the benefits that existing investors get from bringing on new investors into thei...
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Hey Guys!I'm looking for some assistance in how you would analyze storage units. I am looking into purchasing a mini-storage unit in my local area and this will be my first segue into Commercial investing. I currently...
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Hi BP Community,I'm practicing with the BRR calculator and would love to get your thoughts on this deal:It's a bank owned property, 3 family - Bank is asking 425K cash(too much) ARV 550K, rentals $1,600/unit I was pl...
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Hey all, I'm a software engineer from California and recently moved to Phoenix to begin looking for places to invest. We're looking for steady income streams and low maintenance. What are some of the common generaliza...
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Good Afternoon,I come from a very small town in the Midwest and still have some friends that live there as well as family. One of my friends dropped this in my lap last night. There seems to be a shortage of rentals f...
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The title really says it all. I'm looking at small multifamily properties in the Oklahoma City market (mainly duplexes) and I've noticed that most of the properties I'm seeing are old (built prior to 1980). I've read ...