All Forum Posts by: Amy R.

HI Jessica- I concur with everything Julee stated! As a fellow investor and now agent its been a rough go in terms of finding someone that didn't try to steer us in other directions... I also have some folks I've been working with in the area for the past few years.  They are both investors which I think is such an invaluable perspective. DM if you'd like contact info!  

Hello Investors who are smarter than I am!  Good morning,
I am hoping someone can help me understand what it means to sell off bonus Floor Area Ratio? I am much more familiar with thinking about zoning...  Looking at a plex with bonus FAR that can be sold off.. does that mean additional building development is possible on the lot? Or??  I have done some searching but am feeling really confused here about what the possibilities of selling off the additional FAR might be..  Thanks for any help here!

Hi Snehann-

We actually haven’t used Ridge- I countinue to hear good things however. Sorry I can’t help more!

Try Banner Bank as well- we started Talking with them about this and didn’t end up following through for various reasons- but it was possible. 

Thanks Kerry! I’ll look into Ridge. Also just started listening to that podcast- it’s great!

Good morning- looking to finance our 7th investment property and running into some challenges with financing.  Thinking a portfolio loan might be an easier way to go... Anyone have recommendations for local (Portland area) portfolio lenders? Thanks!

Thanks Mark- we'll head that way...

HI all- Hoping the larger Bigger Pockets brain can help me out here... We have 6 financed properties (all have over 25% equity and are cash flowing) and have been using the BRRR method to grow our investment portfolio. We just spoke to our usual lender about a cash out re-fi of our oldest property (that also has the most equity) and he said that it becomes very difficult to do this the more properties we have financed. While he didn't yet give us a hard NO it seems like we are headed that way... anyone else every bumped into this? I had no idea (perhaps naively) that this would become an issue the further into investing we get. I'd love any thoughts, suggestions or ideas here. We wanted to pull out cash as a down payment on another investment to continue to grow here... Thanks!

I am not going to make it this evening -

Unforeseen circumstances - but I do hope these events become regular and hope to meet you all soon! 

@Jesse Rivera-  I'd love to be included in the follow up of this group! I'd be very excited to join the next gathering.