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Hi BP. I’ve been in contact with a new lender who is telling me that his guy is fine with 2nd mortgages and that I can potentially get this 42 unit with nothing out of pocket.. he says his lender will provide an 80% L...
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The Board of Directors of a Condo Association for individually owned condos, is drafting a policy to require any activity they consider renovations, to be approved by the BoD and any violation of that approval process...
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A friend and I met this lady who wants to sell her property in a suburb of Denver, Co. Running the numbers it seems like a pretty good deal, my friend lives there and he could manage it as a rental. When we started di...
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An investor told me he is only interested in properties that could return 10% (10% rule) as a long term rental. (not short term).Does this even exist anymore? Our market has changed so much. Nobody is getting $3K a ...
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Im analyzing my first MHP and the seller didnt include property management as an expense when calculating his NOI. Even if it will be self managed do should I still include management cost as part of the operating exp...
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Hello all,
I just closed today on my 2nd property (now 3 doors with hoop dreams of many, many more)....
Very small 1 bed 1 bath house (cottage?) up in Butte Montana. Up on the hill- in an area that's s...
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I found a vacant house, contacted the owner, she was elderly and just moved into an apartment with her son. I asked if she was interested in selling her home. She said she was. I asked if she wanted me to spark to any...
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I met with a lender today and they said they suggest we put down 25% down instead of 20% because at 20 the cost is much higher.
" you’ll want to put 25% down if you can. You can be approved for financing with only...
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Hello! I was wondering how everyone else purchases their properties to fix and flip. I have had no luck with wholesalers and just started trails for carrot and REI PRO. I have put offers on over 20 homes that were on ...
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Hello everyone, my name is Sam Biondolillo and I am in the beginning/education phase of my real estate investing career. I am currently located in Concord, NH and will be looking to acquire my first property in the...