Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
27 January 2025 | 8 replies
Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jacob Riddle
Hey everyone!! im new and READY. located in flint
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Tyler Graber
scale from 1 to 2?
21 January 2025 | 8 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 replies
-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Pat McQuillan
MFH in Woonsocket, RI
28 January 2025 | 2 replies
I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
Applying a value add strategies can get you to much much more equity rather quickly.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
@Christina Galdieri A 1031 exchange cannot be used for the sale of a business itself, as it only applies to the exchange of like-kind real property used for business or investment.
Miguel Vasquez
Section 8 related
21 January 2025 | 4 replies
If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
Prospective tenant views apartment and decides if they want to apply.3.