I'm new here and I figured I'd see what everyone has to say about an 8% return on a retail/office building in a prime downtown area.
3200 of the 6000 sqft are currently rented out, 1500ft is rented for $2300/month, 5...
I have been working on buying a condemned duplex for quite some time now.I've gotten bids from general contractors, a structural engineer's report, etcEverything is set for closing, the lender is ready, I am ready, al...
If a house only has 2 or 3 comps within the area and 6 month timeframe but the comps have the same features of the house in question (ie. same bdrm/bath/sq ft/age) and the comps are rehabbed properties, will 2 or 3 be...
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Hi Everyone!We have a 4 bedroom single family rental in Plano, TX that have been vacant now for 90 days (!). We haven’t had any issues renting it out in the past, therefore we do not understand why we struggling this ...
I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?
HI all I am hoping you can assist with your experience here.
I have a client who purchased a duplex and rehabbed it. He worked with a licensed HVAC, Electrician and Plumbe.
We are at closing and he's running into ...
I'm writing this in December 2024, when every other question asked on the Bigger Pockets tax forum is about STRs. If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com...
Got a question -- have a family member who is looking to purchase a rental from someone she knows, and is seeking to refinance her own home. Her lender is supplying terms for the rental property which... simply put I ...