Given that we are at the high end of the real estate cycle in most MSA's, has your criteria for multifamily investing in renter or landlord friendlier states changed?
I invest for cash flow...Every pro advises to leverage...I get it when the market is going up. How about when market is at the top or almost there. Isn’t dangerous to invest with leverage ? Just like the gains are mul...
Which do you prefer for durability and overall value?
Hi BP Community,I am a newbie looking at different properties and would love some help to see if this is a good deal/buy or not. Please let me know if there is any more information I should be considering, and sorry i...
I have cash bought, LLC owned property.I wish to keep the property & borrow against it to get a line of credit or a cash out refi.-Does anyone know of lenders who who will assist me?The 5 local banks I contacted s...
I am interested in a property that is going through pre-foreclosure for the past year... Here are the FACTS:
1. Property was purchased in 2006 for 450k.
2. The owner took 3 mortgages: 1st - 350k, 2nd 100k, and 3rd...
Hello All,
I am not a landlord but filed against the owner of a unit in which I was tenant. [If you don't need my humble observation on not showing for small claims cases, ignore that part. It's titled, well....obs...
Well, as the pinheads in the media tell the world there is a glimmer of hope and the economy may be starting a turn around, one in every 374 houses received a foreclosure notice last month. Hmmm. That is even higher t...
After calling a few commercial mortgage brokers, I've realized that the game changes after 5+ units.
My experience has been with 2-4 units. Lending on it is pretty easy/straightforward. You want a 30-year fixed loa...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...