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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Hey BP,I've yet to post any of my projects on here and they happen to be my favorite type of posts to see from other members so I figured I'd share one. This is a flip in Tigard, Oregon (suburb of Portland) that just ...
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Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
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I live in the Phoenix area and I've been looking for a 2-4 unit property here with the intentions of buying it through FHA and living in it for a year or two and then moving out.I'm running in to a number of problems:...
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We're located in Northern Virginia. For the past 8 year's we've done very well flipping homes in the D.C. Area. We have cash and we want to put it into cash flowing assets in other markets. The Norfolk area is one ...
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Im looking to buy a property for short term rental in Kissimmee area. I was planning to fly in there soon, but due to covid my plans keep getting delayed. My realtor there told me some people out of country have bough...
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I currently have a home in Tooele, UT. It's paid off, but I'm wanting to sell it, and take that money to use towards the down payment of a multi-family property. After everything, I think I might have $150K-$200K to ...
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Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K. San Diego home prices have seemed high for at least 40 years, but $1M ...
I've been doing a lot of reading and research on how to engage brokers that deal in small to medium apartment buildings. Up until this point, I haven't actually reached out to any though. I'm interested in an 18 unit ...
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Hello BP,I am going to do this thread as a thank you to all the help I have recieved from others on this site, and I am hoping it will help others to see me go through this process.Intitial closing and lessons learned...