Chris Lynch
What are financing requirements on a Commercial apartment 8-24unt
What are the typical financing requirements for a mid size commercial multifamily. 8-24 units? I have heard many people talk about 25% down ect. But are there any other requirements on personal income. I know for sing...
Darren Horrocks
Toronto/GTA Market Correction - Ripple Effects
Hi,First post at BP! My wife is sick of talking to me about investing, so hopefully I can become more involved in this community, and safe my wife her sanity! hahI read this article today (January home sales give rise...
Chester Knapp
old home (poorly) converted to duplex - fix up or make do?
I own a 115 year old house that was converted into a duplex when a 2nd unit was added upstairs in the 90s. It was not done well, there is a hodgepodge of 'handyman/diy" work throughout, and I'm trying to decide if we ...
Account Closed
Eviction in PA - Do I proceed with a hearing?
Hello all..I have two eviction scenarios. I know you guys can't provide legal advice. I'm just looking to see what others have done.1) The first tenant is in rehab and I followed the Notice to quit, had the hearing an...
Jeremy Zindel
Business overhead expenses on a Schedule E
Just wondering what the correct way is to handle business overhead expenses for my rental properties when it's time to account for those expenses at tax time? (i.e. cost for business PO box, Quickbooks, miscellaneous ...
Anne Whalen
Lots of property equity: Debt to Income Ratios
Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
Andrew Nesbitt
Hard Money question (I dont want to get ripped off)
I've read on here a bit, but I would like to know what is a standard rate for a newbie getting a HML. From looking on the internet I see tons of advertisements saying 8-12%, 2 to 5 points, 6 months to 7 years. Bu...
Mike Hartzog
Doing Owner Financing Correctly
I am a mortgage note investor and end up with a fair number of non-performing notes. A percentage of these will turn in to REOs. I typically sell my REOs off-market for cash to investors or on-market in the conventi...
Mark Cison
Buying First Multi-Unit in Tri-Taylor, Pilsen or Bridgeport - FHA
Hi folks!Over the last few months I've been on a mission to purchase my first investment property. During this time, I've been frequently using BP as a resource to help me along. You guys have some truly amazing advic...
Mike Cartmell
Wholetailing as a Realtor
I have a deal which is a prime candidate for wholetailing. Comps are around $215k and we have negotiated to purchase for what they owe at $180k. It needs very minimal work and I wouldn't put any money into it. M...