We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...
I am looking to buy a 4 plex that the owner currently pays all heat/electric on.
Do you guys know the implications/cost of splitting up these bills (or just one or the other? )
Thanks in advance.
Luke
We are buying a $16M 10% cap rate assisted facility with 100% debt and the only outstanding piece is a guarantor for the 2nd position mezzanine financing.Here is our capital stack:80% 1st position non recourse debt - ...
HVAC seems to me as the most expensive component to date. I am trying to find out what all do I need to do to reduce costs. Today I am handling problems one at a time.
Here is what I have heard so far but I am looki...
Hey all,
So we are facing a big decision on whether to move into a rental or not. It's in an area we have been wanting to move, there are currently no other rentals that fit our criteria, now is a good time to move...
What up with it? I called early this AM >no return call. I posted an email this morning <> not even an auto-reply???
Hi BP! I'm new to BP and REI in general, but found plenty of great information here.One thing I am curious about though, it sounds like quite a number of investors own properties out of state and wondering how many in...
Hello Everyone, hope day is going great for everyone !I like to ask a question: "Should I hire a real estate attorney to open LLC for real estate investment or Can I do it by myself ? or Should I use online services t...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Kansas City.
Purchase price: $755,000
David and Alice Smart's Historic "Additions" is two buildings totaling 28 rooms in...
Has anyone noticed that unsecured credit seems to be getting easier to get. Not only is it easier, but the customer service agent and banks are even pushing for you to sign up? I received a call from a bank branch wh...