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All Forum Posts by: Freddie Williams

Freddie Williams has started 22 posts and replied 95 times.

Post: Unstable 8 plex, would you pursue it and how.

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

Have an 8 plex that is up for sale. Problem is it is only half full. The sellers are motivated to sell. Can it only being half full how would you pursue financing on a deal like this. Thanks.

Post: First MF under contract! Commercial lending help please

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

awesome. 

Post: Chicago market for multifamily???

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

I have noticed alot of multifamily properties listed for sale and low prices. Just curious what is everyone's thoughts about this market.

Post: HELOC for investment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

@Kerry Baird wow. I really appreciate the information. I am now in virginia beach so I will contact navy Federal and start from there.

Post: HELOC for investment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

Most say that it has to be on your primary residence. IS THAT TRUE?

Post: HELOC for investment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

Im looking for a HELOC for an investment property that is free and clear. What can I expect in loan to value and interest. I wish to use this to purchase investment properties for cash, then refinance using BRRR. Can anyone help me in getting this started. My score is above 680.

Post: What should I do, increase rentals or sell for down payment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

@Bryan Mitchell thanks Bryan for the advice

Post: What should I do, increase rentals or sell for down payment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

@Tim Delaney exactly my problem. Need to raise money somehow for commercial but my current rentals are doing well. Lol.

Post: Should I increase my portfolio before buying an apartment?

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

hmmm. that is one option 

Post: What should I do, increase rentals or sell for down payment

Freddie WilliamsPosted
  • Rental Property Investor
  • Norfolk, VA
  • Posts 101
  • Votes 27

@Nicole Heasley Beitenman Good question, true to norm for this market each purchase will probably general additional 200 per month with 40k down payment for a rental.