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Hey everyone! I wanted to ask the group a question that has been baffling me. You see, I have been looking for a small multifamily in Pittsburgh. I am familiar with the different financing vehicles involved and was se...
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I paid a non-refundable $500.00 fee to lock in a 6.375 % interest rate that me and my lender both signed and then two days later my lender said they cant do that rate and then hiked up the rate to 6.875. I asked for m...
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Hoping to tap into the vast experience of BP to get some real world knowledge. In my very limited research into MHP, specifically screening parks to make offers on, I keep hearing a number of successful park owners (J...
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Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
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Just to clarify, is the cap rate based on the purchase price divided by the net operating income or is it the purchase price + Closing Costs + initial cost needed to get property in rental/sellable condition?
For exa...
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Hello,
We are new to investor lending posted below is the offer we have. I not sure what it means by what they are holding and the reserves part. Could anyone shed some light on this? And if its a ok deal or ...
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Has the tide turned to Sellers "having" to give sell concessions in the way of closing cost or down-payments on FHA loans?
I have a new total rehab. I've even put in new appliances, new privacy fence. This property is...
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Hi there,Found what appears to be a great house for our 5th investment property - a 5bd/2bath a few blocks from MARTA (Atlanta's "subway") and 2 stops from the airport. There is an upstairs loft with two additional ro...
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Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
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I feel like the Lehigh Valley is a hot market and a great place to invest but i never see anyone on BP talking about it. Anyone know where the wholesalers are in Bethlehem/Allentown. I feel like this is the place I wa...