I was listening to a podcast the other day that had some smart guys on it that said values should go down 5-6% for every .25 rise in interest rates. Would you agree with this? I can see the math of what they are say...
Hello BP! My partner and I are finally ready to buy a small multi-family (2-4 units) in Buffalo, New York. We have spoken to several mortgage brokers and will either utilize a conventional loan together or use my part...
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...
Hello everyone!I’m new to the site and have found it very helpful. I’m also interested in REI and am leaning more towards flipping. I have a couple of questions regarding tax purposes. It’s to my understanding that ca...
Investor Profile: Investor in Baltimore’s low income row homes. These home are traditional brick, 2-3 bed, 1 bath, 900-1000 sqft, built between 1950-1970, and rent between $900-$1100 / month. I focus on neighborhoo...
I just wanted to introduce myself. My name is Derek Morgen. I'm very happy to be here and looking forward to networking and trying to build a portfolio. I am looking to invest in the New Jersey area, and as I begin m...
Hello BP Members,Currently my mom and my aunt own a 4 family home that they had inherited from a family member. The property is paid off (mortgage free) and all of the units are rented. My aunt is looking to sell her ...
I am trying to find renters for a duplex in Orlando FL and having a hard time finding someone who meets criteria of a credit score >660 and income 3X rent ($45k/yr). Do you accept roomates who (together) meet the i...
Hi all!
I am a new member currently in the Redondo Beach, CA area but will possibly be relocating to Cincinnati, OH or Northern Kentucky.
As part of my relocation, I am interested in purchasing a multi-unit proper...
Hi Everyone,My name is Jarrel, I am new to Real Estate and very interested in wholesaling and rehabbing. I am located in the Northern il community near Aurora and Naperville. I have worked previously with small busine...