Eric Stets
Investor friendly bank in Buffalo NY - (rehab/refi)
Hi All,Taking on my second investment. This one is a full rehab project that will start by end of April. I'm looking for an investor friendly bank that doesn't live off the standard 70% LTV for refinancing (maybe 75...
Jim Carmichael
Partnerships for Leverage and Buying Power
There seem to be several investors on here at many different levels, all of which look to be investing alone. Although many of you are from the same area without realizing it. You have so much more buying power togeth...
Ricardo Diaz
Starting an llc to take over mortgage of house .
Hello people. Just wanted to get some info and maybe have me steered in the right direction.
Last year I bought a two family in Connecticut. Bought as an investment property and mortgage under my name. Now I want to ...
Logan Jamieson
Non-profits and multifamily
I see many people on this forum talking about multifamily buy and hold investment strategies to create personal wealth, as well as business set up specifically to generate profits through the same means. Why do Non-pr...
Jeannette Shepperd
Mobile Home Park Leases
Hi There, This week, I will be purchasing my first Mobile Home Park in Florida. This is a smaller park where most of the tenants will be on a lot lease, and three will be on a lease to own. Currently, the previous own...
Naveen Samson
Looking for a sponsored investor
Hello fellow BPers!I am a single family/condo investor and I have 3 properties under my belt. I am interested in getting into multifamily for a while and i have some really good properties vetted out and scouted. Gett...
Mindy Templeton
Getting creative for down payment on 4plex
Interested in buying our first investment property, but lacking funds for the total down payment. It’s a 4plex with a purchase price of $275k, so would need around $67k, and I can come up with around $20k of that. W...
Chris Laino
Multifamily Deal Analysis Help
I've done an analysis on a deal and I'd like another set of eyes to review:- List Price: $250,000 (can probably get for $240k) - putting down 20%- 2 units that rent for a total of $3,100/month- Taxes: $7,150/year- Ass...
Tinley Jones
NEWBIE Can anyone explain owner financing to me?
Can anyone help explain owner financing to me?I think I understand the general concept. The owner takes the place of the bank. Buyer pays downpayment and monthly payments directly to owner until all debt is paid in fu...
Belinda D.
Wholesaling a House That Is Zoned As Medium Density
Hello BP family,
There is an owner who wants to sell his property as a tear down. He had a few offers, but the potential purchasers changed their minds because the City will not allow a new house to be built on the l...