Good Evening BP Community, First time poster here. I own a few single family rentals and feel comfortable identifying deals and making offers. Id like to get into multifamily but am struggling with analyzing them. I...
I am currently going through the process of a HELOC application with a local bank, and have just completed the appraisal step. The value of my home came in a lot lower than expected. The appraisal came in at $270,00...
Hi all,So, I have been having a discussion with a couple who are looking to invest 100k to 200k. They haven't been in real estate investing before, so I thought I would suggest the following to them:-Find a turn-key ...
I just need some clarification, thanks!
My father purchased a note about a year ago. We just got notice from our servicer that we are out of compliance. I will try and explain the situation.1) It was a land contract that was originated in 20112) There is la...
I ran some pretty solid numbers on a 5 unit that I am preapproved for.My question is should I be focused more on the cap rate for a 5 unit since it is technically commercial, or stay focused on the cash flow per door ...
Hello all! I'm new to BP, hoping to learn alot from the folks on here. Came across a potential client who is a friend of a friend. They're a couple whose property was damaged in the CA rains last month from a landslid...
I've been doing real estate investing for about 4 years now, and when people ask me about it, one of the first things they mention is how hard it must be, how they are too old, or some other excuse why they don't purs...
I know the 1% rule is the ideal case, but that is no longer practical for most parts of Ontario especially Toronto GTA, is there anyone who has experience with renting with .6% or even less yet having positive cache f...
Hey everyone!
I have found a house in the area I am looking for where the numbers work out well. I have been speaking with a few banks/credit unions this past week and have received closing cost summaries. I ...