All Forum Posts by: Adam Brammer

That's definitely the feeling I have been getting @Chris Mason. Is that usually the approach with the properties? I would think that you would want to have some confirmation on financing before entering into a contract? Or am I new enough to be that naive?

I am a newbie real estate investor looking mostly at multi-family properties, most of which are 5+ units. I have found several that work really well numbers wise if I am able to find a 30 year loan. Most banks I have approached will only offer commercial loans limited to 20 year max amortization. Is there something that I am missing out on for better financing or is this what I should be expecting for larger multi-family deals? Any help from the BP world is greatly appreciated!

Hello, I am currently shopping around for multi-family properties and have been able to find quite a few that have great cashflow. However, when I approach the banks with the properties (typically 6+ units), I am unable to attain a residential loan or anything more than 20 year terms. Changing the numbers around to a twenty year amortization, my cash flow no longer makes any sense. So my question is are there any other options out there that can help provide a longer term for 6+ unit properties?

Hello BP, I'm fairly new to REI investing and the BP community, but I'm excited to get started and hopefully join in with the rest of you soon!

I've been searching the web and RE sites, and have found a few places out of state where the numbers look really good for cash flow and CoC return, and I'm ready to start viewing the properties and making the next steps.

My question to the community is this; is it better to have my own realtor with me to go through discussions and negotiations, or would it be okay to use the sellers realtor (assuming that is who is listed as the realtor on each site)? I am not sure if they would be more willing to benefit the seller or if they would have both parties in mind.

Any help is appreciated as I start my REI journey!