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What kind of cap rates are people seeing in Newburgh, NY today? Back in 2019 it was about 9% or 10%. Now it seems seriously compressed to as low as 6%. I'm not sure if this is what things are actually trading at, or j...
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I was looking at Berwyn for a multi family. Would that be a good area to start Investing in. Has anyone had a good experience in this area.
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Hey all! A family member wants to sell two side-by-side properties and wants to know if we're interested. I believe they bought each for about $100,000 in 2020 (at those wonderful 2020 interest rates with conventional...
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We are looking at placing an offer in on a duplex in a very small town. We would pay cash (to buy at a discount), then do a cash out refi. We need it to appraise for 250k. It's fully remodeled, with current leases i...
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If I am going to borrow funds from a parent to add to my own initial investment for downpayment and rehab costs, should I get a written legal contract? For context, I already have possession of the money and I am lett...
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Hi!What are your thoughts on targeting certain expired listings for wholesale deals? And if necessary, offering to pay off the sellers listing agreement with agent? This strategy was suggested to me and I wanted to kn...
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Hi. I saw an add in Craigslist for a private money lender for RE investors. It seems too goo to be true (4% interest with short to long terms). How can I weed out the scammers? What questions should I be asking to...
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Do you provide your tax returns to your hard money lender?Do they require an appraisal and/or inspection?Thank you.
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I've searched the forum and I'm sure the answer is out there somewhere but I figured I would go ahead and start this thread since I can't find it.When I go pull probate leads from the courthouse I have the option of l...
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Hi, BPWife and I are looking at a condo for a buy and hold scenario. The homeowner's association language restricts rentals and reads:No more than twelve percent {12%) or seven (7) of the Condominium Units may be lea...