Currently in the process of underwriting and finding equity partners for a deal our team sourced in Chattanooga. It's 25 units, off-market (we are direct to seller on it) and is a value add opportunity. Class B-/C+ pr...
Hi All!Firstly, huge thank you to all that contribute here! I've been lurking around these forums and some of the advice that I've come across has been invaluable, so thanks very much! Here is my situation; I helped f...
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Greetings! I'm interested in doing my first fix and flip and have been looking at hard money loans and portfolio loans. I've been doing some reading on the forums and I'm a bit confused about whether I should be getti...
Did anybody else read the NY Times article about iBuying this week? For those who don't know, iBuying is essentially an instant offer solution for individuals that want to sell their homes. The seller uploads a few pi...
I am looking at a tri-plex and the seller has had it for 10 years. the agent is telling me the two of the 3 apts are rented :one for 8 months, starting 6 months ago and the other for 5 months now. both are new tenants...
Hello Everyone,Thank you for taking the time to read this post. I'm currently in the market for purchasing another investment property (multifamily) and am looking for good contingency clauses to insert into the sales...
I'm considering putting an offer on a NOO duplex in Pierce County, WA, and since this is my first time jumping into the deep end of the pool :-), I'd appreciate a review/spot check from this seasoned BP community to m...
**Stage 1 - Beginner Wholesaler**
From 2017 to 2018, I was just getting used to the ropes. Although I had a background in sales, speaking with distressed sellers was a completely different experience—one that require...
Hey BP Community,We got our first wholesale deal and now are scrambling to find out what to do next. Can anyone here give us any advice as far as where we should go after finding our first deal and how to close the sa...