Just got off a call with a commercial lender at a local bank in Miami. I'm looking for a mortgage to cash out refi a condo in Homestead as part of a brrr strategy.
The lender said:
- local banks have slowed down the...
I'm helping another agent in my office with an open house this Sunday. This will be my first open house, so I was just wondering if anybody had advice for me. I'll mostly be helping out and building buyers contacts ...
I'm still in the research phase of my real estate journey.I have an established family - married, three kids and a mortgage. I have only one vehicle that has a loan, the other is owned outright. I am not in a position...
What is your opinion on companies who offer turn key rentals? They find the property, fix it up, place a tenant and manage it for you. Are these good investments or can you do better by doing all of this on your ...
Over the past few weeks a good friend of mine and I have discussed the potential of starting to invest in multifamily properties together. Both he and I have dabbled in rentals alone in the past, transitioning former ...
Hey BP community,Reaching out because I’ve been screening prospective tenants for a rental in Darby (less than .1 miles from SW Philly which is a low-middle/lower income area.I’ve had no problems getting INITIAL inter...
Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company. They have shown me tax returns for the business. - I ...
Hello BP! I am looking to get into a deal but do not know if I am missing something or worse am moving too slowly on a potential bargain in Philadelphia. A friend is thinking of selling their Quadplex and I heard it c...
I know its a question that I'll probably get 10 responses with 10 different answers, but I'm going to try. You guys have a lot more knowledge then me.
I'll try to give enough info while keeping this as short ...
Hi,I'm looking for an experienced investor familiar with purchasing pre-foreclosure or foreclosure properties. The internet hasn't been helpful in providing information to find and buy them. I see too many websites ...