Account Closed
24 Unit Deal - Looking for Feedback
I'd love to hear your thoughts on this property. http://www.loopnet.com/Listing/20317343/4100-Kings...Provided summary is:Sale price = $1,375,000Units = 24 (22 flats, 2 townhouses)Cap Rate 8.51%Financial Overview pro...
Kim Coleman
Termites found in Baltimore Row Home
Advice for how to proceed for an investor new to Baltimore City and the property has termites? Walk away? Ask seller to pay for some kind of warranty against re-investation? Thanks for any and all suggestions and stor...
Samuel Girouard
New owner speaking to old tenant
So I'm getting closer to closing on my first multi family in the Worcester area of mass. I've been living here for the last 6 months and it so happend the owner wanted to sell. Long story short the tenant down stairs ...
Travis Stern
Advice on how to best structure a loan deal in 2nd position
So I am stepping outside my comfort zone of landlord/flipper and making a loan to a fellow investor for the down payment on a flip house. I am planning on taking 2nd as he is getting a hard money loan who will be in f...
Jeremy Lee
Private loan situation potential to buy & hold
Hey all,Just wanted to get some feedback on a possibility with a current situation I'm in with the condo I'm living in and the arrangement I have with my parents.I currently co-own with my parents (tenants in common) ...
Todd Willhoite
Closing costs and BRRR
I have a property I bought a year ago for $50,000, rehabed $15,000, now worth $100,000, current loan balance about $50,000. In theory I can refinance and pull $75,000 out doing BRRR strategy. Applied for conventiona...
Jozy T.
Average hours spent on rental property
How many hours per month do you spend on your rental property?
Jose Vargas
Would I be able to refinance a property with a quite claim deed?
A neighbor is behind on his taxes for the past 3 years and haves 2 weeks to redem the property. He said he will sell the property if i pay for the back taxes. The building needs a lot of work and he just wants to move...
Matthew Otero
Anyone familiar with commercial loans or consolidation loans?
Hi everyone. I’ve been researching what I can and realized I haven’t tapped into the BP community where someone might be able to share personal insight. My partner and I have a few SFRs and a few Multis with mortgages...
Sam Leon
Boy friend MAY have moved out...
I have a lease with an unmarried couple, say Jack and Jill for apartment B.Good tenants, no issue, no hassle, pays on time.On one of my visits to repair something in apartment C, the tenant says "...so did you know Ja...