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The perfect property that checks all my boxes for a short term rental just hit the market today and I don’t have financing in place!I would like to put in a full price offer on a studio near the ski area of Big Sky Re...
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Hello, I wanted to get input on whether I should sell my house in HI or not. It’s located in Kapolei, Hi and supposedly they are building up this area like crazy. After all closing cost fees, I would get around 40k. T...
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So my first house hack is underway!!! I received a phenomenal financing offer through a local bank which paid 17K of my closing costs/DP/Mortgage Insurance. I closed the deal for $21 out of pocket. Int is low and so...
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Hi all,I’m under Contract for a lovely duplex with ADU in San Antonio, TX. All was fine with our 20% down conventional loan until today when appraisal flagged it. Apparently a triplex is not the same thing as a Duplex...
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Need your help BP,Analyzing the potential refinancing results of a value add multifamily property. Purchase price $1,000,000Units: 20Average market cap rate 6%The apartments appraised at $1,050,00 using an income appr...
Hello All, I am in a relatively unique situation in that I am looking to purchase a house for myself, with the intention of converting it to a rental property when I leave Texas in the probably not so distant future (...
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I am a newbie living in Bay Area, trying to explore some potential locations for investment in Multifamily units.I am doing some research on Reno/Sparks/Fernley, because of their proximity and possible potential. I h...
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I'm making an offer on a quad tomorrow. I understand that unless you are from my market of Richmond VA, you may have limited commentary, but wanted to put it out there for thoughts.
-PROS
1920's quad in...
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When you have a substantial apartment deal underway and you need to bring in an investor to cover the 20% down payment, and they sign as guarantor of the non recourse loan along with you, what do you typically agree o...
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I have a closed 18 unit hotel in my community and am interested in analyzing the feasibility of converting it into one bed room apts. Has anyone been involved in a conversion or know someone that has? General cost per...