Can someone please help explain guidelines for apartment loans.
I just went under contract for a 6 unit multi fam in Michigan. My plan is to BRRR (buy, rehab, and then finance) this property.
Are their min/max amoun...
As a newbie I understand making the numbers work really is about buying right. Buying houses that nobody wants to touch and getting them for a really low price.With that said I have been looking at some houses that ar...
Acquisition numbers: (Cash Purchase from Wholeseller)Purchase Price 31K Rehab Costs 23KTotal cost 54KEquity positionAVR 73KEquity +19KRefinance Terms (I m pulling all my money out)54K loan, 15 yrs, 5.5%PITI $520Rent $...
Hello everyone, I'm Ed Johnson from Baltimore. I'm a newbie investor, just beginning to get knowledgeable in this business. I'm about to retire from the federal government, at the end of this year, New Year's Eve as...
Hi BP,I found this site when I emailed our company email list asking for advice on being a new landlord. Someone recommended I check out BP and I'm glad I did.My wife and I have 9 kids, 5 we brought into the world and...
I'm relatively new to investing and want to get involved in buy and hold. I live in a small town in Colorado. There have been rumors that the state college in town (around 3000 students) is in trouble and could go b...
As far as business goes in the LLC vs S Corp vs leave in personal name question I am probably thinking of going the S Corp route since it is noted on here in some posts that some courts are piercing the LLC protection...
Good Evening BP! I have been a free member of BP for a few months now. I religiously listen to the podcasts. And just now upgraded to Pro. Sad and proud to say this is my first post. Should have been done sooner but h...
Beside the obvious cases (sex offenders, evictions), how you guys go about translating the details provided in the background report to make a decision in selecting tenants?Thanks.
I am purchasing this home that is downtown in the business district. I got the home rezoned residential. The county auditor site says the building includes 12 parking spots. When I call the city they say that the parc...