All Forum Posts by: James Spevak

Rebecca, I have not yet! 

 I do know one or two that do commercial/dscr loans however non are local to the market i invest in 

 We all currently own separate portfolios of properties between 2 and 4 units. Initially, looking at ones that would be over 70%. Is there a difference in the lending process if occupancies are below 70%? 

Hi Bigger Pockets community! 

I have been investing in small multi family rentals in the Milwaukee for the past few years and am now looking to move into commercial properties. I have been analyzing some off market units (between 20 and 40 units) and would love to hear best practices around property due diligence with these larger units and financing routes. I do work closely with about three or four people in the area who would be interested in pursuing these opportunities together. Any insight would be fantastic, thanks! 

Hi everyone... I have a property in Milwaukee that I am looking to do a cash out refi for and am trying to figure out how to lock down calculating the ARV. If anyone has a good process for this I would love to connect. Thanks in advance!

So you can qualify as a professional without a license if you are working more than the 500 or 750 hours annually on investment properties? I was just under the impression you needed a real estate license either way to not be capped on rental losses/write offs. 

Hi All!

I recently moved to southern CA and I invest in rentals out of state in the midwest. I am interested in getting my real estate license here in CA so I can become a real estate professional and take advantage of the benefits that come along with that. Would love to connect with any agents in CA to talk and learn more about the process. 

Thanks in advance! 

Hi all!

I have one rental property (duplex) in WI that is in an LLC, no debt, and I currently live in CA. I am looking for the best way to access the equity in that rental property so that I can use that loan to purchase another property. If anyone has any thoughts, that would be great! Thanks in advance

Hi All,

I a new to real estate and in the Milwaukee market, I am looking for a contractor to assist me with the rehab of my properties. Please let me know if you would be interested in talking more or have a contact you could connect me with!!

Thank you!