Hi all
I am working on a deal right now to purchase 14 fourplexes in New Orleans. Cheapest insurance quote we've gotten is $6,250 per fourplex and that's killing the debt service coverage ratio. Anyone know of any in...
We have a option to purchase a nice commercial building that we currently occupy one of the units. We have been long term tenants and have a very good relationship with the current owner.
We discussed a land contr...
Hello,
I am running through this asset class and I see attractiveness from the passiveness of this investment class in CRE.
Example: Purchase Price = $2,000,000, Cap Rate = 6%, 15-year lease with 2 renewal options...
Hey all,
Trying to get my first seller financing going. Any feedback would be much appreciated. Obviously trying to get the best deal. We live in the Midwest. Seller has agreed to 85k with 20% down, interest rate ...
Hi guys, I have heard recently about reissue rates that some title companies will give you when refinancing the same property they originally closed on with you. However, I haven't found that to be the case with the t...
Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
Does anyone have any questions about how commercial loans work?
Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
Hello,
I generate around $30k a month net with my other companies and am looking to funnel it down into real estate. I really don't know where to start and would love to get an idea of what the next steps are. Below...
Example... Which would you (you meaning real estate investors out there) prefer,1) 15 year loan @ X% that yields a $200 a month positive monthly income on a 4-plex, or2) 30 year loan @ X+% that yields a $900 a month p...