I need to put a new floor in a rental unit over ugly ceramic tile. Only problem is that the tile was laid over black mastic which contains asbestos. The cost to have it abated is $2250. I am looking for alternat...
How could I independently find out what the par rate is for a particular conventional loan? I know I could just ask the loan officer, however I am trying to trust but verify. :-)
I am beginning a property evaluation (flip) for a 1900's home that is foreclosed (4 bedroom 2 bath 2 story farm like house with 1.25 acres). The home has been on the market for a year and a half in a good market, so ...
I’m doing some research on multifamily lenders and I learned that HUD offers loans at rates in the 3.5% - 4.4% range for 30 years with a 40 year amortization schedule. Other than the fact that it can take months for t...
Hi All RE Gurus,I and my partner are trying to put an offer on a 4-unit in Ohio.Purchase Price : 230KDown payment: 57,500Repairs: 15K(All the units are currently rented. But want to add this)We want to do 15 year mort...
Hello! I was wondering if anyone on BP has experience doing BRRRRs in the Ottawa area. Where you able to find Hard Money Lenders? Are Canadian banks investor friendly when it comes to refinancing? Appreciate everyones...
I picked up a book " The Wall Street Journal Complete Real estate investing guidebook." Looks good so far, but I am trying to wrap my head around some math in here. If anyone could please break this down for me. Whe...
Hey Folks,I am currently evaluating an RV park deal. Needed some guidance on the fees for this kind of real estate and whether the offered pref and LP/GP split actually makes sense or is it too high/low? Please find s...
Check out this deal. I ran the numbers and it looks like another potential for me. I ran through the calc and if I do all cash it would cashflow ~$450/mo...Owner doesn't want RE Agents involved....wants all cash, qu...
First time poster, long time BP lurker:6 Plex in the best submarket/best school district in the city.-In place rents of $4,515 - .67cents /psf-Stabilized rents $6,800 - $1.02 / psf - (this is conservative)-Long time o...