This question is for anyone who has a relationship with a portfolio lender, does your lender require a set amount of reserves per property like Fannie Mae? This is not a debate on whether you should have reserves. For...

We have a townhouse in Seattle for 4 years which interest rate is 2.75% but We only paid 5% down payment so we have PMI. The monthly payment is around $3600. We lived there less than 2 years, and the rest of time is r...

I’m writing this short primer because I get development loan requests for projects on a daily basis from borrowers and other brokers who aren’t well versed on how lenders analyze A&D loan requests.I hope this help...

Hello my name is Joe and I am from Texas. I am new to BP, and am looking for some good advice. My goal is to become Financially independent. I have always been a saver and haven't carried a lot of debt. I currentl...

Hey BP, I've been on this website for a few weeks now but I'm fairly new too real estate investing. I've studied as much as I can before I felt comfortable too pull the trigger. I learned everything from books, google...

I'm considering making an offer on a 36-unit multi-family property. I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options

I am trying to come up with about $250k as a down payment toward a small apartment building in the midwest. After reading blogs and watching youtube of Peter Harris of Commerical Property Advisors about syndications, ...

Hello BP,I just need a little clarification on strategies using subject to. Specifically, how do you handle taxes and insurance? As I understand it, acquiring a property subject to the existing mortgage entails that t...

To calculate the purchase price of the duplex, you can use the formula: Purchase Price = Net Operating Income (NOI) / Capitalization Rate (Cap Rate).
For example, if the NOI is $16,800 and the Cap Rate is 6% (0.06), ...

My husband and I are currently looking at having a duplex built. The builder wants 10% down on the $490,000 overall cost in order to break ground. So our down payment to the builder would be $49,000 and we simply don’...