Patrick Britton
Appraisal on +5 units
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
Jered Collins
Evaluate this 5-plex in East Tennessee
Found a 5-Plex in East Tennessee located in a college town in a popular part of town known as the historic "Tree Streets". The house is a two story brick traditional home. Unit mix is 3x 1Bd 1Ba, 1x 2Bd 1Ba, and 1x...
Account Closed
Please help me analyze my first rental investment (house hack)
Hello everyone, Can I please get some help analyzing my first rental investment? I'm looking at this duplex built in 1915 located in one of the nicer sections of Hamtramck Michigan. (I'm very familiar with this area) ...
Boris Babakhan
Can’t find an investor for development site
Hi BP,I have purchased a vacant lot, got the plans approved for 31 unit residential building in NY. and ready to build.I need to get investor who can fund40%, I want to fund 10% and bank will do the rest. In return I ...
Douglas Larson
$134K Payday! .... 4 years in the making - Land investing.
About four years ago I saw a nasty, old house on decent piece of land about 2 miles from my home in Salt Lake County, Utah. Other investors stayed away because it was obviously not going to be a traditional, cash-flow...
Brian Smith
Why use adjustable rate commercial loans???
So I am meeting with the commercial division of my local bank tomorrow. They have done my last three conventional loans, and with my primary residence I am at the limit for 20% down easy money. My loan officer said t...
Leela Gutta
How to you get loan from banks to scale rental properties
I am very new to rental property investment. I just bought my first rental property and I am learning everyday. One of questions I have is how do you keep getting bank loans to scale on a large scale? I am going to ca...
Nickolas Burns
First Deal! - 4 Plex Break Down
Hey Guys, I will be breaking down my deal in Sioux Falls, SD that I am currently under contract for and would love some advice/opinions while I am in my due diligence period. Price - 235,000 - 3% from seller towards c...
Gregory Cudzilo
What areas in VA are on the up and up?
With the Amazon HQ2 move to Crystal City projected for 2023, what housing markets appear to be heating up in VA? I feel like now is a good time to look for a single family buy and hold or duplex/triplex before Amazon ...
Pete Storseth
BRRRR, refinancing hard money to portfolio bank
Hello BPI'm planning my first deal based on the BRRRR strategy and I'm stuck. The refinance is key to get cash out in order to repay lenders and be able to repeat. My question is, when you refinance aren't there a num...