Tony Fahd
Financing a 6 unite apartment building
13 August 2024 | 5 replies
Thanks Check out this article on BP published on this exact topic - the "5-10 Unit Multifamily Niche" has some very specific financing options - including, the Multifamily "DSCR Loans" that @Brian Cauldwell mentioned - these look like SFR loans (no tax returns, 30-year fixed, Rent/PITIA to calc DSCR etc.) but are for slightly bigger propertieshttps://www.biggerpockets.com/blog/multifamily-dscr-loans
Nathan Frost
Business Line of Credit (Who is best)
15 August 2024 | 29 replies
Business lines of credit in my experience will often be high doc, so you need to have your articles of organization, the EIN number from the IRS, any other mbr/managers may have to be signatory to the debt (vs non-PG), and depending on the bank, they often want to see business tax returns.
Bobby Henderson
The Ultimate Beginner to Real Estate Investing in Aiken, SC
13 August 2024 | 11 replies
I have begun reading books and articles trying to educate myself before I start this journey.
Austin Prewett
Looking for Some Guidance, Let Me Pick You Brain?
13 August 2024 | 4 replies
I've spent hours reading books, articles, and listening to podcasts about real-estate investing.
Jason Coleman
Cost Segregation Company needed
14 August 2024 | 19 replies
@Jason Coleman Here's an article with additional FAQs on cost segregation studies that you may find helpful.
Joey Navarro
House Hacking in Columbus, Ohio
14 August 2024 | 11 replies
Hi Joey, house hacking is what I did here in Columbus, Ohio when I started investing in 2020.Here is an article with more information on what a house hack is - https://www.rocketmortgage.com/learn/house-hackingLet me know how I can help!
Christopher Smith
Why have there been no legal challenges to Good Cause Eviction in NY?
12 August 2024 | 0 replies
For years I've read countless opinions and articles about "good cause eviction," quietly dreading that it would eventually be the law in NY.
Thurben James
Thoughts on Youngstown Ohio
12 August 2024 | 19 replies
Any investor looks for places which have a bright future, not one's where their downtown is closed due to crumbling and unsafe buildings.https://www.wkbn.com/news/local-news/gas-explosion-in-youngs...https://www.economist.com/united-states/2022/03/12/what-buck...https://ysu.edu/center-working-class-studies/renaissance-who...https://www.propublica.org/article/these-companies-got-milli...As Bones would say, it's dead Jim.
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
There's no actual difference between a house you've owned for 20 years and just re-levered and a house you just bought with a new mortgage, all else being equal.
Jordan Blustin
Commission Ethics Question
11 August 2024 | 10 replies
I’m not sure this is relevant, but Realtor B has done a lot of work with the developer over the years on other projects and they have other current listings together.