Tony Green
Banks That Allow Assignment of Contract?
Anyone have any success in a bank allowing you/your investor to assign a contract? I have heard through the grapevine that Wachovia will allow it, but I don't know for sure. A local Realtor associate told me today t...
Les Williams
Piggy back on credit for profits!
Who's heard of this before? And is it a good thing to do. I hear its the next
best thing. But, I have a hard time believing it.
Who in their right mine would allow
some one to piggy back. And what are your chances ...
Carl Schmitt
Check my numbers..
I've run the numbers several times, changing different sections to see how it would affect the deal. I just want to get everyone's input on it. If it were you, would you buy it?
So here's the details.
6 unit build...
Mike Cangi
Advice on Refi: How does NOI & CAP Rate Correlate to Value?
Hi BP,I'm new to investing and looking for some help understanding NOI & Cap Rate and how they correlate to value. Specifically, will a commercial lender value our property with with these metrics for a potential...
Joe Rinella
Help with analysis on first deal
Hi everyone,I've come across a 4 family unit deal in Western Massachusetts that I'd like to put an offer on, I'd just like some input from everyone on the numbers before I go forward with it. This is my first deal so ...
Carlos Velasquez
I am in the process of purchasing my first buy and hold multifamily
I am making sure I do not make a mistake because this is my first buy and hold. It is a 3 family with a seven car garage (which I could eventually turn into an extra apartment) it is currently being sold for 220K and ...
Erin Legler
Auction today
Hello community,My rehab is almost complete and my goal is to price it under market value to it sells quickly so I can re-invest. I've been researching different methods for my next property, short sales, reos, tax d...
N/A N/A
1st x hm buyer question...
I realize my question is about home buying, but I view it as an investment vehicle as well.
I found a condo. Four story building on the fourth floor in Queens, 5 minute walk from Subway, 20 minutes from Manhattan on...
Franky Juwana
Should I do this flip? if not, why not?
Hi all, I have the opportunity to purchase this flip, Considering there's no lean against the property, I would do this flip with this calculation, it's owned by Real Estate Broker, Asking Price $216KEstatimate Reh...
Sean Cavanaugh
Bank of America didn't approve us for refi!!!!
Evening professionalsNeed some answers! I purchaced a primary residence on 2004 at the high of bubble for 385,000 in RI. We put down 80,000 down payment and financed 305,000. 2 yrs later we got a 2nd mortgage out arou...