I have a deal that I'm looking at that has a $10M non-recourse assumable loan with a mid 4% interest rate for 20yr term. I normally look at just getting new financing at purchase, but wanted to consider this option t...
This question is purely for curiosity purpose, and I would like to have someone who works for foundation repair answer this question. I see that many foundation repair companies are now offering lifetime warranty. Why...
View report*This link comes directly from our calculators, based on information input by the member who posted.The reason it is 0% down is i have the ability to do 100% financing. I tried the calculat...
Hello guys, My wife is planning to take some money as a loan for buying a property. The property is located in Ontario (She is from CA). The catch is, there are a lot of rates and fees applied to mortgage services. An...
My previous tenant left an abandoned car in the back yard. It is not operable and is impossible to move without a tow truck. Any suggestions on what I can do with the car? The prior tenant told me they would remove it...
Dear BP-Community,I read J Scott's book about how to estimate rehab costs. That is a really great book and I find the technique he describes very helpful.However I feel like there are a few items where it's going to b...
Hi All,I purchased my primarily resident about 5 years ago, and thanks to the housing market in NY going up like crazy, I have a pretty big chunk of equity on it. I can take up to $200+K of HELOC at approximately 5% ...
I am considering purchasing a mid-sized apartment building.What are some important conditions to consider writing in the agreement of purchase and sale?Thanks
Hey BP,So I have recently purchased a 4-plex and its going great. Now im on to a 46 unit apartment building. I am partnering with a bigger broker in town that is into real estate. We are going to be offering on this b...
Hello, I'm new to the board.
I am working on a deal that looks like this. The property is in Michigan, a mortgage state. I have a property that has been through the sherieffs sale and is now in the redemption per...