All Forum Posts by: Brendan Chase

Looking for advice on funding a rehab for a triplex. Purchase is 200k and rehab estimate is 75k. I have apprx. 80k of my own money. My understanding is banks will not finance a rehab? This is an investment property and I do not qualify for FHA and the like.

Looking to get my second multi unit - currently have a duplex and looking at a triplex. Banks only offer commercial/investment loans for a second property, and it looks like there’s nothing under 5-6%. Seems pretty high and definitely hurts the overall numbers. Is that pretty standard for what I’m looking to do?

Newbie here on the site. Stared listening to the podcast a few weeks back and am super excited about investing. I bought a duplex two years ago that nets about $250/month (although I should be raising the rent on one of the units....) I am currently excited about another duplex I stumbled upon that I think will work well for a brrrrr. Just curious if anyone has a favorite or best place/advice on crunching numbers to make sure everything works. Thanks for the help!