Maria T.
Preferred Equity Experience
26 September 2024 | 11 replies
With the lower LTVs offered by senior lenders these days, it may be tempting to look at preferred equity and it may make sense since technically it is cheaper than LP equity, but also keep in mind they have a higher liquidation preference (obviously) but will often want all the cashflow (or a majority of it) to come to them before the LP investors and will also want large reserves, so make sure you model out the cashflows and understand the end-to-end deal with the preferred equity investors.We have some institutional investors with whom we did a combination of a pref and JV deal and it worked quite well for everyone including them and the LP investors.
Anna Doumkina
Cleveland. Section 8 investment.
25 September 2024 | 32 replies
There are many programs out there for foreign investors and foreign nationals, each with its own requirements/qualificationsUnless a new rule came out in the last few weeks, I am not aware of any loan any non-US citizen can get UNLESS they have a US bank acct.
Evan Young
Introduction - Bigger Pocket's Community
23 September 2024 | 1 reply
I'm Evan Young, a 21-year-old senior at Indiana University.
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
., one of the many relevant laws is Equal Housing Opportunity (EHO) which forbids discrimination on many bases including - you guessed it - physical disability.If you intend to discriminate against a U.S. citizen who otherwise meets the income requirement you have set up in your business, you'd better be able to defend that action in front of a circuit court judge.By the way: EHO is a Federal statute.
Henry Clark
Self Storage- Making an offer on land
24 September 2024 | 27 replies
Doesn’t matter economics of town or citizens.
Raj G.
Private lending to LLC with First lien on default
19 September 2024 | 8 replies
In this case, you better have a discussion with all senior lenders.
D Kirk
How to have low inspection cost when inspecting Multifamily?
20 September 2024 | 23 replies
It sounds like I just need to find a senior partner to work with to bring good deals that has the capital and experience to help me close on deals for 3-5x returns.
Dave Allen
First time Landlord Insurance questions for Central FL
18 September 2024 | 2 replies
- Citizens Property Insurance- American Integrity Insurance- US Coastal Property & Casualty Ins Co- Kin InsuranceDoes anyone have any thoughts on these companies?
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
17 September 2024 | 2 replies
This trend will continue as distressed assets in sectors like multifamily seek capital injections to avoid foreclosure or unfavorable sales.Mezzanine debt, typically subordinate to senior debt, offers higher returns to compensate for the increased risk.
Anna Doumkina
Looking to buy a 5-10 properties but need to find financing
13 September 2024 | 35 replies
My boyfriend is a foreign national with an ITIN number, US address, and an AMEX in the USA, but he is not a US citizen, so a lot of the times, he is not offered good loan programs.