I've identified a promising opportunity: a 40-unit multifamily asset with significant value-add potential. The seller is seeking $3.5M with an assumable loan. Key details:
- Existing debt: $2,038,000 at 3.8% with 7 y...
Hi BR,A MFR was posted recently near us, and I was interested on what we would have to do to obtain financing on something this large. Specifically, what do banks/lenders look at to approve a loan this large. If we we...
(Sorry, incorrectly spelled his name on the 1st thread):Has anyone taken Matt Larson's online wholesaling course? My business partner saw it and liked what Matt said about setting up systems in his business so we're p...
I'll try to be as brief as possible. My business partner and I started a real estate investment business almost two years ago. We didn't want to use our own funds to invest so we used credit cards (10-15k) and a perso...
Just wondering if anybody has applied for a government grant. If so, can you recommend a reputable website? There are so many scams out there, it's difficult to determine what is legitimate these days.
'Evening. I have a question for the hive. We are talking back and forth with a broker about a 32 unit building. Rent's look good, but expenses are coming in at 60%. I feel that this is due to the fact the property...
Hi BP Members!I got into an interesting discussion with a Real Estate Agent in my area. The RE agent was clear in stating that no broker would even talk to someone looking for a FHA loan in Astoria, Queens as it is to...
i am about 4 months away from our listing our house. over the next couple of months, after the holiday, we will spend time and money into our primary to position ourselves as best as we can be with regards to the hig...
Hello everyone,I just passed my real estate exam here in Washington State and now in the process of finding a brokerage to hang my license with. The main reason for getting a license is for investing (mainly flipping)...
My girlfriend and I are currently renters and would like to transition to home-ownership within the next year or so. We are also, however, interested in starting our investment portfolio ASAP. As our current lease s...