Hello-All the local banks I have spoken to are offering 5yr fixed/20-25 year amortization loans for multifamily loans with an LLC as the purchaser. Purchase price 250-500k. Anyone know of any banks that are offering...
I am looking at 2-4 unit properties that are currently tenant occupied, and would be using an FHA loan to purchase. I know that I must be an owner-occupier to qualify for the FHA loan, but how long after purchase w...
Hey everyone. The rental market around socal is definitely getting tighter. Recently I keep noticing prospective tenants not showing up to open houses that they rsvp to. Obviously this is frustrating for many reasons....
Hello! New investor here. I'm considering acquiring a modest cabin for 50k as a vacation rental after a small rehab (15k).
I currently self-manage a family vacation property with similar numbers and have had s...
Kansas City has long been celebrated for its rich culture, which includes world-famous barbecue, a legendary jazz scene, a thriving arts culture, and a dynamic business community. As the city continues to grow and evo...
Hi Everyone!I'm a prospective new RE Broker in the state of Colorado. I'm about to take my exams after finishing the extensive education portion. I like to be ahead of the curve so I'd like to introduce myself before ...
Is it because probates are hurtful? Foreclosures are embarrassing. There’s a forum for that. There’s a forum for taxes. I’m guessing that hurt crosses the line.
Is it because it sucks? There’s a stigma and it’s not...
Hello, BP members, my name is Mike, and I am new too BP, I have followed their podcast recently on stitcher, and decided to check out the site. I look forward to participating with you all on the site, and look forwar...
I recently got under contract with a single family home near a brand new hospital where i intend to market to traveling nurses as there is a lack of inventory for that class of tenant.
This home does require cosmeti...
Hello BP,
I am wondering what good areas I should familiarize myself with that contain small apartment buildings ranging from 2-20 units. I am in search of seller financed deals. What areas should I avoid? I am going...