As a mortgage banker, I often get asked about the Freddie Mac Small Balance Loan Program for Multifamily Properties. Its a great program so here is an overview for people that are interested in learning more.Freddie ...
I am in the process of selling 4 condo units in Somerville. I will have net proceeds of ~$1.7MM, and I am looking to do a 1031 exchange. I wanted to reach out to the group to see if anyone had any idea of new markets ...
Hello-
New to REI and I was trying to figure out a HML that was listed on another thread. Was hoping someone could confirm I did the numbers right.
Terms:
70% of the after repaired value
14% for 6 months
6pts
Co...
Hello BP,So, I'm 2 direct mail campaigns in and I haven't reached my goal of closing my first deal yet. Slightly discouraged but not yet defeated I was hoping for some help from the BP community to get my first deal i...
How’s the STR market in the Santa Rosa beach and other areas of the panhandle of Florida? Looking at renting an Airbnb for a few weeks while I try out teleworking and all the rentals I’m seeing that fit my criteria (s...
Deciding between selling vs renting out a single family with 5 bed/3.5 bath. I don't have to sell but I will be out of state so I will need a property manager. Will it be more beneficial as a short term rental since i...
What's up BP, hope everyone is doing well this new year!I represent a team of cash investors in the LA market and we are looking to score some flip deals from the MLS. I've noticed, I put in a lot of work contacting t...
If you have looked through my profile, you will see 25+ years of Real Estate and Mortgage Brokerage in my background. I was exposed to the better/cooler half of my industry (RE Investing) a few years ago and have soug...
What are your thoughts on this? It is supposed to take start 2013.
You think this will actually go into effect?
hello. I spoke to a lawyer who says I need to move my passive investment homes to a Java fa llc and each home should go into a land trust. I have my homes in an llc in that state then my llc in my home state owns that...