All Forum Posts by: Eric Williams

I live in Mass and looking for a bank/credit union that will offer an HELOC for an investment property that is under an LLC. I know there are some that would do it if it was not under an LLC. Thank you!

Any recommendations for inspectors that have specific experience working with 3-4+ family properties in the area? Ones that will go the extra length to take a look at roof, ext. 

@Michael Jones Did you first buy these as owner occupied or did you get the loans at non-owner occupied? Also think it's not easy to find 30 year fixed on non owner occupied multi families. I am in Boston area. 

I used a premium bathroom caulk and went right over cracked grout ano no problems. also hit where the tub meets the floor to protect water from getting in any gaps causing leak below. 

I am buying a 4 family home with a partner under an LLC in Middlesex county. We have been chatting with a couple different banks. Does anyone know of any banks that will do 20% down? Any banks at 25% down with rate under 4%? Thanks. -Eric

Looking for a 2-4 family to buy with a business partner (not owner occupied) and do 20% down. I know most banks want 25% down. Anyone know of any banks that might offer these terms? Ideally we would want it in an LLC but doesn't need to be if that makes a difference. I will try calling some credit unions to start.

Can you apply if you own a multi family under your own name and not an LLC?

@Tommy Martinez

Also look into Ray Dalio all weather portfolio strategy.

https://www.iwillteachyoutoberich.com/blog/all-weather-portfolio/

@Tommy Martinez

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@Greg M.

To put things into perspective the market fell back to where it was in October. Not many months back. Not a huge drop.