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11 September 2024 | 22 replies
Looking forward to connecting and exchanging insights!
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11 September 2024 | 15 replies
Generally best bet is to be able to do significant portfolios at a time and try to bundle at least 8-10 of these in one blanket loan
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11 September 2024 | 16 replies
Very creative folks.Loopnet (rare you'll see any 4 plex or smaller here, sometimes)Crexi (commerical exchange) - some brokers who specialize in MF will list their small MF on here as well.Hope all that's helpful!
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11 September 2024 | 18 replies
It was inspected as a duplex, and I'd bet it'll be appraised as a duplex as well (basically removing the oven gives the appraiser plausible deniability), which could create value issues and impact your DTI if you need to use rental income to qualify.
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12 September 2024 | 27 replies
I bet they are pounding on this guy hard to.
11 September 2024 | 8 replies
Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).
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12 September 2024 | 23 replies
I bet Maine is GORGEOUS!!
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9 September 2024 | 10 replies
I'm in the union on long island so I have a decent W2 job to help get started, I think a house hack would be my best bet starting out but, what do you guys think?
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10 September 2024 | 6 replies
Respectfully,Zach The best bet is likely to create a new LLC that lays things out in a straightforward but legally strong and standard operating agreement, etc. - LLC doc sets are fairly cheap and easy to create these days (with limited assistance from lawyers) and its much much better to have that cover bases on arrangements like this - it will also fit nicely with financing options - whether you take on debt from a lender in a co-equity situation like your first plan (refinance loan to LLC post rehab?)
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12 September 2024 | 32 replies
And 1031 exchanges.