Good evening, I am in the process of acquiring a lot on which to build a 5 unit hotel and am seeking advice regarding potential financing options. I estimate the acquisition cost of land, construction costs, and furni...
Investment Info:
Other commercial investment investment in Talent.
Purchase price: $1,500,000
Cash invested: $15,000
Recently purchased a self storage facility with 106 units, 46 RV spaces, a 4200 sq...
Hello BP!I need your input on a decision I'm making for our househack. I woke up this morning and realized the oil in our furnace had run out again after a little over a month since we last filled it. Each time we ref...
Hello! I recently purchased a duplex in Reading PA. The top unit is electric baseboards, but the bottom unit is oil - hot water heat. I do not want to put the high costs of oil on the tenant and would like to convert ...
20 year amortization85% loan to valuefloating rate daily is NYP + 0.25% = 3.75%3 year mini perm 4.24%5 year mini perm 5.20%I am familiar with the 20 year term and loan to value. What would the rate be? I have not hear...
I'm thinking about buying a couple of rental properties in Tucson or Casa Grande ( SFR's, duplexes, even mobile homes on land ) and I'd like to hear from fellow BP'ers who own rentals in those areas. Basicallly I'd...
I'm financing rental property purchases with a cash partner. Here's the structure & terms of the 50/50 cash-sweat equity partnership:
Money partner obtains loan and the contract on the property
Sweat equity p...
So I was recently contacted by a Mini storage company that was looking to get out of the business. The business includes a few different lots and mini storage / sea can units. The company makes around 200k per year in...
Just an update on some of our projects. Bronx Flip complete
Byron Ave Project numbers below
Purchase $410,000
Rehab $100,000
Sold $625,000
Flip Before and After
Hi there! Hoping I can get community feedback on a deal I'm analyzing before we send EMD. I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/...