Matt V.
Private Lender Legitimacy Screening
I have been in touch with a private lender offering to loan on an owner-occupied multi that I am looking at purchasing for my family when we relocate to another state. My question is how do I or what questions should ...
Mitch H.
Potential 4-plex investment in Des Moines, Iowa
I am not ready to buy, but was looking for fun in my hometown Des Moines, Iowa. I came across this 1 month old posting on CL. No pics unfortunately. (link: http://desmoines.craigslist.org/reo/4712347923.htm...)3 Stu...
Long Khang
help on 35 units deal
Gross Rent 182464 182464 Vacancy loss 8% 9123 145971 Total Rental Income 173341 167867 Laundry 3000 3000 Total Revenue 176341 170867 ...
Brad Spuhler
Evaluating a commercial deal - help
Hi all,I'm considering making an offer on a mixed use property in the town where I grew up, a summer beach town. This would be my first commercial deal. The property consists of a liquor store, 1 store front that's o...
Herb Lichtenberg
Commercial Loan Terms for an 8 Unit Apartment Building
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
Missy Orr
Short-term rentals - seeking advice to get started
Hi BP community,
I just purchased a duplex in New Orleans and am considering short-term rentals for one of the units. I welcome any/all advice on this strategy.
Thank you -
Missy
Wade Coons
Assisted Living Investing/Development
Does anybody have any experience in development or acquisition of assisted living facilities? My doctor buddy was talking about it the other day but I’ve never heard of anyone doing this so I was curious to see if it’...
Reagan Wilson
Recommended down payment?
Just wondering what everyone’s thoughts would be I’m starting to look at getting my first property (mostlikely duplex) the bank is recommending I put down 20% which is roughly $100,000 which isn’t a problem but I’m wo...
Bryce Hammill
Partnership structure question
Had a few questions about structuring a partnership deal. Found a property (third) that I’d like to buy and hold. Talked to my lender who also happens to be my neighbor about all the numbers on the property. I’m sligh...
Josh Anderson
New and excited!
Hi all of BP!I just recently joined for having a fire lit under me with Rich Dad Poor Dad, and I found off this site the warnings to avoid the "program" they offered. So, off to learn it myself. Very happy to have all...