HI BP Community!I'm curious what the current response and conversion rates are for my local New Jersey RE Investors. It seems that for me, both have decreased from this time last year. Quality deals (let's say arou...
Hello,I started my first flip in 2016. Once I did my first flip, some people start asking questions and wanted to invest. So far, I only have 3 deals closed and done; one in escrow; one pending (ran into wall due to p...
I would like some help analyzing this deal for a duplex. price is 288K , 57k down payment rent 2,600 for both units tax 280/month vacancy 130/month(5%) maintenance & CapEx 260/month(10%) PM 260(10%)total= -2130cas...
I have heard that I will not be able to get a loan for under 50K on investment properties in MD. Can anyone give me some insight on why that is, even that the properties have good cash flow?
What should I consider when using a hard money loan (HML) to purchase a property below market value, using the HML to finance 100% of the rehab, and finally refinancing into a 30 year mortgage afterwards. I want to ma...
Hello,I'm looking to buy a house for myself to possibly live in. I noticed investors flipping houses in Willingboro, NJ? I see a lot of mixed reviews on the town itself. Many say the school district is terrible, there...
From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
Here is an interesting one for you:I have a 4-plex under contract that currently has a cell tower on the roof. Looking at the disclosures, the owners set up leases to telecom companies for the tower and then sold the ...
Hi - have done a lot of real estate investing but find myself back to square one when it comes to financing primary residence. I have a first lien lined up at under 5% for 70-75% LTV. I could do up to 90% at 9.5%. In ...
Hi all! New to this forum but not new to forums in general! Let me start off by saying I've searched the forum and haven't found an answer to my particular question. Here it goes!I bought a legal 2 unit multi-family h...