All Forum Posts by: Alpesh Parmar

I think it is worth it. I am hoping some expert lenders would chime in as they may know this better.

Also, if you want to protect the properties better than you should put them in separate LLCs.

I would put them both under one LLC and then get a commercial loan. Once you get your first commercial loan, it becomes easier to get next loan. Good Luck!

For 5 or more properties, the rate looks to be good. That's the same rate I am getting for a 9-unit I am closing next month.

You may be able to get lower rate on a four-plex or smaller properties as you will be able to go with Fannie/Freddie. This is what I learned while trying to acquire my first commercial property (anything above 4 units). For a commercial property, if you want better rate (if u want to go with Fannie/Freddie), mortgage has to be over $750K.

Thanks J. Martin for letting me know. I will definitely reach out to Anna, Ryder and Chris. I was just planning to see who all are in tri-valley area. I have a small REI group here in tri-valley and members from my group will be coming so it would be good for them to hang out with other investors.

Can you send me more info to [email protected]?

Can you send me more info to [email protected]?

Hello Everyone,

     I am a real estate investor based out of SF bay area. I am mainly investing out of state and looking to jump into flipping and investing in MF properties. I would like to meet with other investors located here in East bay who do local as well as out of state deals.

Please let me know who can attend so I can get a count.

Regards,

Alpesh

See you guys tomorrow.