All Forum Posts by: Candace Price

We have 2 Shopping Centers Under contract in Indiana and Georgia.

Looking for any lenders who can help with bridge financing until everything comes back to normal.

If you think you can do it, please reply here or DM me.

Thanks

Hi,

I have an 80 plus unit class c property under contract in Florida.

Before I talk to my bank. I would like to ask members here. What’s the best interest rate they’ve seen or gotten on 50+ units.

That’ll give me starting point if I should even go to my bank or seek another lending institution.

If you can please share your knowledge, it’ll be greatly appreciated!

Thanks!

I'm getting into buying SFR, my goal is to buy 2-3 every month in short sale and refi once rented and repeat.

I talked to some big banks, they said once you have 15 properties it will be difficult to under write new properties... so I would be stuck then.

My goal was to build a portfolio of 200+ SFR

any advice if I can achieve it with buying 2-3 properties each month.

Thanks

@Candace Price

Any one care to respond

Hi, I'm getting ready to buy multiple SFR and rent them.

I would like to hear from other people,

How many SFR they own?

One property manager for them, or multiple?

What kind of financing do you have in place?

Thanks!

@Ben Leybovich

Congratulations!

How did you find out about this deal?

What was the occupancy rate?

@Jason D.

Like Wells Fargo and chase?

@Jason D.

I have strong k1s, credit score 725+

I recently purchased a townhome for myself to live in. This is my first primary home.

Since the time was short for me to close, I used a mortgage broker who did a bank statement loan for me.

House is for $825k, I put down 30% and got a rate of 6%

What do you guys recommend I should do? Would love to lower my interest rate.

Any suggestions?

I have a 16 unit apartment under contract.

It is in Irvington NJ.

Currently, it is 50% occupied, goal is to close with a lender for now, then Refi with a traditional bank once it’s 80% occupied.

Contract price is $1.26mm

Looking to put down 15% to 20%

Anyone can help me?

Thanks