Hi everyone- I am a BRRRR investor looking for a reputable HML in the Philly area. I currently use a private lender, but he'll only lend on the purchase, not the rehab. For the rehab I've been using a personal line ...
Let's say I were to buy a building in New York City and my business plan to increase rents was to buy rent-controlled tenants out of leases. Once a tenant leaves, the rent-controlled unit becomes free market. Is this ...
Hello all, I'm buying a rental property that I'm going to move into from my grandfather at a discount. When I told my lender he suggested I use a "gift of equity" as the down payment and that way I wouldn't have to co...
When working with private money lenders, what is the best agreement in your opinion with regards to ROI for them? Profit-sharing? Interest rate? What do you prefer? What do they typically prefer?
Hey BP peeps,
I'm on the hunt for a new Property Manager in Lubbock, Texas. I have 5 units there, and I am questioning whether my current PM is the right fit. They do a great job of getting vacancies filled quickly, ...
Anyone have a good real estate attorney they would recommend in the philly/Montgomery county areas?
I'm a flipper who generally buys from wholesalers. With the changing markets and inventory I'm exploring opportunities to find my own motivated sellers. I've been targeting Liens, Probate,and Pre-forclosure. I've sent...
Assuming you have all of the right connections, and the money to fund it. How much and how long would it take to get their through multi family properties such as apartment buildings?
While most investors talk about price and cap rate when buying, there is no figure more important to me than cash on cash. How much unencumbered cash can be distributed to investors and myself after all operations and...
I know an investor who has a relationship with a local bank that gives him a loan based strictly on the appraised value, thus he’s able to have zero out of pocket when acquiring a rental. He then rehabs, rents, and re...