I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end. This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing...
As a new investor looking to invest out of state, I'm finding it very difficult to know when a deal is actually a deal. I have spent a lot of time tracking the MLS, Zillow, redfin etc. and reading up on the varying ne...
I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...
What's up BP community. I just bought a property that literally 2 days after we closed on it the tenants informed us that the city had cited the owner for lead based paint, and that it had to be remediated. The owne...
Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
So I wanted to explore an idea here, and see if anyone has heard of anyone else doing it. But before I go there, I want to make clear that I'm not ADVOCATING this or any other shady business practices; I'm simply want...
Hello everyone! My name is Lisa and I am completely new to BP and completely new to REI so my sincere apologies if this is in the wrong place or if I am repeating what others have already spoken about. I took a 7 day ...
Hello,
I am a new investor looking into a property that currently has ~100 pads with 57 of them occupied by tenants with tenant owned homes, while the remaining pads all have vacant park owned homes, at varying level...
(I don't want to limit this to Legal forum, so please let me post it in thus general thread).
This is my first property, financed 2 years ago, so obviously I don't have much reserve. The property is in North Carolin...
As some may know, I've been having some issues with the previous property manager who managed my two 30 unit buildings in Connecticut. I just received the last month's billing (10 days late no less), and they put thro...