Sam here. 28. Located in San Diego, California. I currently Work in real estate, and also a business owner. Dropped out of law school after year 1, because I didn’t want to go into an intense amount of debt and law is...

(New Investor) Hello, I’m meeting with an individual who would like to sell his 4 unit duplex and is currently living in one of the unit. The individual would like to workout a contract to where he gets to stay in one...

 We own a 5 unit ‘commercial’ apartment building.  we have recently moved into it after owning it for the past two years. Now that we are here, we are considering “drying up” one of the units to make it a 4 unit with...

What exactly is underwriting? What is the purpose of having an underwriter? Is it something you have to have when purchasing a property and why?

I live in Greenwich, CT and own the house next door to me. It’s a rental, and my partner and I use it as an extra income. Next summer (around July, 2020), we plan on putting the property up for sale. The house itself ...

Hi everyone! Thank you in advance for your help. I am very new to investing so any criticism is appreciated. I will be a first time homebuyer trying to qualify for the FHA loan putting 3.5% down

Property is a fourp...

I PMed one of the long-time BP members several weeks ago that was complaining about "certain members" increasing their post count. He mentioned that he didn't post as much now because of the involvement of these new ...

How do you compare one mortgage to another?
-Assume both mortgages are 15-year, conventional, fixed rate mortgages.
-Assume both mortgages will not be paid off early.

In this case, isn't APR the only thing that m...

How would you value this Note Scenario?

This is for a 100 unit apartment complex.

The Original Note Amount was : $2MM

The Approximate Note Balance is: $1.8MM

The Asking Price is: $1MM

Origination Date: 1/1/20...

I've heard some stories on the Texas Prop. Tax almost being twice as much as CA. Is this indeed still true? (2.9%)

However, Texas does not have State Tax. How does this impact the higher Property Tax rate in conjunct...