HI BP! Does anyone know how a bank's appraiser concludes cap rate in deciding property valuation? My NOI/purchase price puts cap rate at double(!) the market cap. Will a bank use the lower market cap rate to appraise,...
I have a tenant who has been renting for 2 years. Have had some issues, but nothing major. The second lease was for 8 months and has expired in September. My lease defaults to month to month. I have been tryi...
I just lost my job after the company I was working for went under. I have the money saved up for a downpayment on a buy-and-hold, but I wont be able to qualify for a traditional loan now due to my income stream. Does ...
Found a property in Nashville, actually Old Hickory, with good numbers thought I'd run it by my BP friends before I pull the trigger (this is my first buy and hold cash flow property). What do you think?
Appraised V...
Ok I currently have an SFR that I just finished the rehab on. Now I have a couple of people that are interested in owner finance or rent to own i know nothing really about this aspect of real estate. In my mind I woul...
I just go my license a month ago to supplement any investments I would make going forward. I hung it under my boss, who is a commercial broker and has no background in residential, and therefore he is of no help here...
Hi BP Community,My name is Devin, just a guy from the greater Boston area (Go Pats!) with a passion for investments. I currently attend business school (Bentley University) and for about two years now I have been fero...
My team has recently spent an exhaustive amount of time researching historical results data from recently completed mortgage foreclosure auctions in Houston (Harris County). We've determined based on our criteria and...
Hello Team,This week, I signed a PA for my 4th rental property in Minneapolis, MN. It is a disaster, but in a very solid area, so a play for both cashflow and equity. I'm currently outlining a plan for renovation... I...
Hello all,Just joined this forum in search of an answer to some things I've been trying to figure out; hope that I might be able to find some answers here.Myself and three partners are currently exploring setting up a...