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Hey BP. What do you do when every apartment building you look at has such a high price that you couldn't even turn a profit if you tried? I'm trying to purchase in a certain area and everything that comes up seems to ...
Hello!This is my first post so my apologies in advance if I break forum protocol. So here goes:We are in talks to purchase 2 mixed use properties. #1) Cash flows well and has a LTV of about 1.42Commercial unit has lon...
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Good Morning Everyone,Last year I was an REO agent. My contact quit and the new asset manager hired her own realtor. That left me with nothing. I'm trying to get something on a contract whether it's a rental or a hous...
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I'm trying to purchase a quad that sits right next to mine. The owner and I have struck an agreement on price but he is dragging his feet, as he figures out how to avoid paying tax on a property he will be doubling h...
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Hello all! I'm hoping someone can help me out with the situation I'm in right now and quickly as this deal probably isnt going to be around for long. Yesterday my realtor found a great property for a great price that ...
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Hi All, I'll start by advising I am a newbie and currently have a singe rental property. I have been on the lookout for new properties as my goal is to double the units this year (add a duplex or two SFRs). I noticed ...
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I am looking to decrease my interest rate from 3.59% to 1.74% offered by my mortgage company when I requested them to look into a rate decrease. Owe 335000 with 3 more years in current 5 yr fixed mortgage. 16000 penal...
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Hi all! I'm Andrew Sanborn, an aspiring real estate investor living in San Francisco, CA. I'm looking for connections for guidance and strategies for making my first investment. As a Building Engineer, I know how t...
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Hi all, I have a question that I'd love to get some experienced investors to weigh in on. I am curious if there is a generally recognized percentage to expect for expenses when it comes to multi-family apartment build...
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If you’ve seen my recent posts, you might know I’m trying to get my way into wholesale. Everyone around me is saying the timing is bad, the market it too hot, etc. But I know that I need to do this. I need to do thi...