I was pre approved for house and bank just accepted my offer last week, I received notification today that credit score dropped 28 points ONLY thing changed was alert saying "credit usage significantly increased 45%" ...

Hi all - I’m starting up a lending business, all was going fairly well until I was told by all the banks in my area that they “are unable to establish a bank account for anything that is financially related.”  Have al...

I am in the process of buying a condo in Utica, MI. This property is bank owned after going through foreclosure. I am wondering whether the Certificate of Occupancy is automatically invalid after foreclosure and needs...

Hello:

I made an offer on a short sale and the seller quickly accepted it about one month ago.The attorney review was then completed,and now we are waiting for the lender approval.Generally,how long d...

Hello there-

Does anyone know the typical cost per sqft to build a commercial stucture? I would like to know how much it would cost to build a 50,000 sqft apartment complext that goes up two to three flights and prov...

I just closed on a fourplex and have a vacancy. I did the standard new paint and flooring, but not the full remodel which it kind of needs. After 1.5 weeks, the only bite I have is from a couple who are Section 8 th...

On a multifamily what cap rate would be best to consider?

I recently been told that the best cap rate to consider on a multifamily of 100+ units should be about 7%-8%, with an occupancy rate of 75% to 80% in order to...

Greetings BP community.I've been spending a few weeks analyzing dozens of deals a week in my markets and I was curious how everyone approached their first House Hack or investment rental?  Did you prefer something tur...

Hi all,I'm curious to get everyone's lessons learned / best practices regarding managing out-of-state rehabs. To start....- How are you allowing contractors in/out of the property & securing materials?- Do you hav...

Hey investors, I have friends and family that are interested in investing their money and having me help them with research, purchase, rehab, and tenant placement. From what I've read, this sounds like a joint venture...