Hello BP community!I am an agent representing the tenant in a commercial lease and upon agreeing verbally on a 5 year lease, the listing agent/seller wants to breakdown the lease to 2 years lease with the option to ex...
So I’ve recently been approved for a $30,000 unsecured loan with BHG financial. I was referred to them by someone in the Bigger Pockets forum due to the fact that they don’t report the loan to credit bureaus and would...
Hello,
This is my first time posting on this site. To give a bit of background, I'm a 28 year old NYC resident originally from Brooklyn and my family and I bought our very first home ever in Queens. I bought the home...
Hey everyone, me and my partner are interested in investing in Ocala Florida for buy and rent strategy.
What are the best neighborhoods for investment in Ocala in the price range of between 70K - 120K?
In addition, is...
My bank said that a 7 arm rate would work very good for me. The rate is 6.8 now and will stay the same for 7 years then it will change every year based on the rates. What is your opinion on this? I already have a ho...
I am invested in the single family space but looking to expand into 5+ unit properties. My questions are around the loan terms. Here’s an example of a property I’m looking at: $600K list price with 6 units. With comme...
Hello,When a bank is doing an appraisal to refinance a property what are some of the major metrics they look for? Also what are some small/inexpensive things you can do to bump up the appraisal a little?
Hello BP Family,I am looking to purchase a warehouse North of Houston, TX. The purchase price is 1.6M and seller if offering 5% IR at 25% LTV and 30 year amortization. The property looks good and sits at 8 cap at the ...
Hi, Looking for some advice on how to handle this situation. I recently purchased a multifamily home to Owner Occupy. I gave the current, who is month-to-month 90 days to vacate. She has stopped paying rent. Should I ...
Hello,I have some experience/confidence analyzing apartment buildings however, I have zero experience analyzing a building that is flex/office space. There is a company than needs cash and needs to get out of their fi...