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What's up BP members, I am a young investor in Hattiesburg MS. I own one STR, I have flipped one house, wholesaled one house, and am under contract to purchase another STR. I really want to get into the multifamily ga...
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Hi,
I have a deal under contract and I´m looking to assign it to an end buyer (wholesale). I am a realtor with Keller Williams and they are telling me that assigning a contract for a "fee" it´s not legal as I...
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A property developer told me they avoid foreclosures because the owners could come back within a year and re-claim their property. Is this true? I've been doing research, but can't find anything about this. The King C...
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My Fiancé and I currently own and operate two STR’s in Scottsdale. We’ve been approached to manage/co-host a property for an out of state investor. Our personal properties are attached to individual LLC’s with a third...
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Sometimes things work out when you're diligent and swift to act. I don't acquire a ton of properties probably averaging a few units per year. Here is the skinny on the one I just closed.MLS listing 44,900, acquired ...
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Good Afternoon,I'm currently shopping around for a lender who can do a cash out refi on an investment property with 46% LTV. I'm very familiar with HML rates and will not qualify for a conventional mortgage. Can anyon...
What do you guys think about using only private money lenders for financing especially when buying my first few properties
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Hello all - I am in the process of planning a syndication business and want to get a better grasp on SEC exemptions.Under certain Reg D exemptions the SEC allows up to 35 non-accredited investors... Is this 35 per dea...
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I was wondering if anyone had input on the percentages to use when evaluating a pro forma for a rental property. Specifically the vacancy rates and maintenance rates I am seeing are 5% each for Orlando and Indianopol...
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Hi Fellows, when you evaluate multi-family deal, what is the optimal level of expenses as % of EGI you recommend?Best, Gary