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Hi all, I hope I got the forum right for this one.
Before I get started on this, I want to thank Sharon Vornholt for this great article:
http://www.biggerpockets.com/renewsblog/2013/06/04/branding-real-...
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FYI, I have no connection with the author of this and no knowledge of this subject. Just on their mailing list and thought I would pass this along.>>>>>>The headline says "real estate investors" but...
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If you are a PML or Money Partner, what do you look for when someone brings you a "deal"? Is it Cash Flow, Cap Rate, COC, all three or something else? If it's cash flow, what is the target amount? If its COC return, ...
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Hello, again! I have been saving my questions for weekends, so that's why you are seeing more than one post from me today. Sorry if I am flooding! I am trying to perform good research and not to ask questions that ...
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Can anyone recommend a lender that will do a cash out Refi based off the full appraised amount and not what I just paid for it. Looking specifically in Jacksonville and Cleveland. I understand most banks wont do thi...
Hi All, I live in Minneapolis and on Tuesday I entered into a purchase agreement for a duplex that is blocks away from the center of all the riots and civil unrest. Since then the city has been torn apart by riots and...
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I decided to seek out private lenders because the bank deal was not working out. The Lending Club interest i got is 18%...for 3 years ...is this worth it for a duplex house with 2 BD each selling for 28k? It appea...
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Hi, name is Mike.
I've been looking for M/F (3-6 units) for about 12-18 months. I'm looking to finance the purchase for as little down as possible (25% down is what I'm counting on for investment properties)...
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Hi there- I'm in a college market and have the following property in my sights:
Property: 4 br / 4 ba unit, 1250 sq ft, in MF complex with individual lock-able bed/bath suites
Rent: Currently $1650
...
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I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...