Hows it going BP? I'm currently under contract with my first owner occupied multifamily (house hack), and I'm really looking forward to starting off this REI career. Scheduled to close soon, but I'm still sh...
Just ran across this article thought id share. Maybe Frank Rolfe should let her stay in one of his parks so she can learn lol jk. I like that there is more and more of these articles. To me it shows that this asset cl...
Whats up BP. I currently have a 1947 home under contract to be flipped.The home was built on brick piers instead of on a foundation. The home seems stable but the home being on piers is definitely out of the normal in...
Hi everyone,I'll get straight to the point. I've worked a number of jobs over the years (all kinds of manual labor, listing agent), but have always been interested in real estate development. Why? Without going into t...
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.
evening all. went to speak to a local bank today regarding a potential mortgage on an investment property. we have our primary home and an occupied rental. they said that the minimum down payment for another home w...
I found all these rates and investment return to be very amusing:average CD rates: 4.5-5%Highest CD rate ever recorded: 7% (how they could made money over this I dont know)Typical MF cap rate: 4%Average 30YFRM= 6.5%be...
Hi, so I own a property outright but I've only owed it for 7 months(I'm flipping and renting it out). Do I still have to wait to refinance or is there another option I can take to get money out?
My names Yuri, I don’t have my license yet for real estate. But I’m thinking of going into Commercial Real Estate. I was wondering how does it work when writing contracts?? Also when creating the contract and I offer ...