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What's up BP? I'm in the market to pick up 2 or 3 flip properties right now. I'm a licensed agent, and active investor. Looking for a couple single family homes in Pierce or King County. Please put me on your buyers l...
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Hi all,
Happy holidays! : ) So glad to find a forum that is so lively and full of friendly members. I need some help with appraisal and would like some advice.
I own a 11-room guest house with a partner. We have bee...
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Hello Everyone,I have a quick question. Does it makes sense to buy a multi family home for 180K that will cash flow $1100 a month after the mortgage, taxes and insurance is paid? It's a two unit property and each unit...
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Hello BP family!
I am in the initial stages of planning converting my detached over sized 2 car garage ( 30x26, 780sqft ) into an ADU. They will have a private drive and private fenced back yard on the corner of the...
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I just decided a week ago that I need to be financially free in 6 years. My goal is to own a multi family rental that generates $200000/year or more. I have to start off small because I don't have $2 million dollars l...
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It seems like every time I look up, there's a new "commercial lending" or "commercial funding" company that has popped up across my networks.
The individuals offering these commercial loans are always offering somewh...
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My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
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I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
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So, I'll preface this with the fact that I admittedly didn't handle this famously from the start, and my re-evaluation is, in part, evaluating parts of this issue that I really should have looked into before I got inv...
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Home located in Albuquerque current lease through May 2020Tenants dog caused a fire by dragging a pillow over a gas floor heater Gas meter was pulled as the fire melted the safety cut off valve to the gas heater where...