Anyone have experience with Pinecrest Capital LLC and John Remington? I've searched them online, and came across a LinkedIn profile - which states the company has been in business since 2004, but it only shows that h...
I understand the process...thinking of getting into it as another "vehicle" for investing. I'm curious though, how often are you not able to find a buyer in time? What then? Just buy the house and sell it conventio...
Hello,I'm new to real estate investing and have been analysis a hand full of deals. From what I've learned so far the cap rate in my area is between 5.5-6% As I run the numbers on a 38 unit apartment complex with a ...
Hi Biggerpockets,I need some help evaluating a deal. I currently live in the DC area and put in an offer on a property with the following details:Listed Price: $235k Estimated Value: $245kRequired Repairs: $7,500Avera...
Analyzing a few 5+ unit deals in an ultra small market, where even local commercial brokers and lenders say “we don’t really use market cap rates, we just order a third party appraisal” to determine value. I have “ac...
Please bear with me on my first post on here. I attended my third sheriff sale here in Chester County, PA today. I have a few questions that I still have not figured out after reading 4 books, reading this forum, an...
Hi guys. I keep seeing to things and not sure what they mean. The phrase loan to value and cap rate. Can someone help? I searched for these terms and couldn't find them. Thanks,vera
Hello I am new to the forum and somewhat new to investing (I bought one house rented it and sold to my tenants 3 years ago) I have been working as an accounting since graduating college in 2008. I am pregnant with my ...
I need some advise please:So I have $200k to put down. I am pre approved for a $580k duplex, $640k triplex, or a $700k fourplex. My mom is a co-borrower (I would not get approved without her). The condition of the loa...
Hello, I am a 23 year old who works in the Loop but still commutes from parents house in the suburbs. While all my friends are moving into the city to rent in places like Lakeview, Lincoln Park, Olde Town and Gold Co...