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Results (10,000+)
Andrew Jennings Freerks Forming a real estate investment fund
23 June 2024 | 7 replies
Although you are not talking a Syndication, I would seek out Syndications in the type and size of REI you're interested and go through the investment process with them to see their setup. 
Jeffrey Albaum Do you use software to track property rehabs?
22 June 2024 | 13 replies
You can create a board for each renovation project and view tasks in a table, GANTT chart, calendar, Kanban, etc.
AJ Wong How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
And the majority of commercial lenders have rates in the 6s or 7s right now for most real world scenarios, and being overly worried or concerned about if it's 5 units or 500 units is absurd, both the rents and the loan size will automatically scale up and down accordingly (if anything, the larger unit counts scale better, so limiting someone to X units makes zero sense).
Commie Anana Mentorship, accountability partner needed
22 June 2024 | 5 replies
They didn't have access to BiggerPockets where they could learn how to calculate cash-on-cash, ROI, ROE, or print reports with colorful charts and graphs.Earn money.
Giles D. Syndication deals gone sour and the GP is now radio silent! What can I do?
28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.
Daniel Ben-Hur Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies
Some of these exceptions have been unsafe environment (article from borrower with shooting nearby, larger family size and need for more space from unexpected pregnancy, job relocation, and other.So every 2 years is fine however dont let that 2 year figure hold you up because there is general guidelines then there is whats "really," happening out there with loan underwriters and what they'll actually approve.
Chris L. How can I learn Yardi?
24 June 2024 | 26 replies
I'm relatively new to BP, but it seems skewed towards companies of this size, and I wouldn't be surprised to see .I have some good news and some bad news for you:Bad news: There isn't a good way of getting Yardi training outside of working for a company that uses it. 
Eric Fernwood June Las Vegas Rental Market Update
19 June 2024 | 3 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.
Allen Zhu Tallahassee Rentals / Section 8
21 June 2024 | 3 replies
homes there are quite pricey for the size. thanks looking forward to hear from you guys!
Whitney Patterson Best approach to house hacking
22 June 2024 | 7 replies
Other STRs in the area of smaller size have reported earning potential up to $3k per month.