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What would you do? I currently have 3 units. One unit is a single family home. The other unit is a duplex. I own the single family home with a close friend of mine. The house is fully paid off and is worth about $100,...
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Hello Everyone - I'm looking to implement the Refinance part of the BRRR strategy and am seeking advice on lenders you'd had a good experience with. Maximizing the LTV is of particular interest, so I'd be keen to kno...
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Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
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I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...
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Have you heard about seller financing from builder for new construction SFH? Some properties are on market more than 7 months since 7/2/2022 first listed on the market. Builder didn't decrease the listing price and th...
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I have reached a deal with my neighbor in our townhome community to purchase his townhome with a 12 month seller financing deal! Price is 115k pending appraisal with 5% down. Owner has fully paid off the property. At ...
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Hi BP Landlords!I own a SFH rental property. Two female friends applied together, a Nursing Student and a Grocery Store Manager. Student has pretty good credit (650), Grocery Gal has no credit history and is building ...
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Hi,
I have a potential Subto deal I can buy in TX but the monthly payment is quite high.
1. Entry fee is under $15k which includes the RE commission and assignment. Closing costs + TC etc about $3-4K.
2. PITI $...
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Hey guys,I would like to know how you are collecting rents and managing your parks? Do you provide free wifi and have the tenants pay over a online website? through software? or good old check? Also, how do you manage...
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Hi, I do not own any real estate yet but thinking to change that. After 2 years searching and working with realtor, I finally found 1 deal that I am thinking to buy Its a 2 family house and both units are rented. In A...