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Hello all,I'm so excited this is actually my first discussion on BP. I need help pricing out a rented 21 Unit condo in Bayonne, NJ. The building has 21 units 1 bedroom and 2 bedroom, gross income is 190k. The building...
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I would like to expand my portfolio of rental estate properties ( 3 multi unit + 2 condos & primary residence) ( 1 condo & 1 multi unit= paid off) (2 multi ,1 condo + primary residence= still w/ mortgage). T...
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I am new here, and I would like to learm more from all the experts in this area. I have one investment property, but I still have a problem with the lender (Chapter 11).
Thank you.
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Ok folks I am a new member here........................
Have an interesting question on rentals
Ok some background...... I have nice rentals
well taken care of in good solid areas.
I typically lease them for one y...
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Conventional lending has just got even harder on us investors. In an attempt to recover from the huge losses on all the foreclosures (mostly from the rookie speculators betting on the come), lenders have come out with...
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Hello everyone!I know this questions may have been asked and I have looked on the forum, but some of the information I am gathering is well over 2 years old. I just want to make sure it is correct. I am starting to ge...
Hi,I'm trying to get a handle on what my options are once I reach 10 financed properties. At that point it's into the commercial lending business; is every loan there on out 30% down, 5 yr adjusting rate? There must b...
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Do you only need a portfolio lender after the first 4 conventional loans? Is there any benefit of going with a portfolio lender before the first 4 loans?
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I signed a note with an individual and then used all the loan proceeds as a down payment on an investment property. I have recently paid this off in full, including all interest due and am wondering if there is any w...
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I’m an investor from Indianapolis with one investment property so far. Looking for a LOC for this property I own free and clear. I just want a LOC because I don’t have another property lined up to put the money so don...