Andrew Neal
How many investors went straight into Multi Family?
22 January 2019 | 136 replies
Few factors that drove me to mf right out of the gate: 1) only get so many Fannie/Freddie loans on traditional financing so I wanted as many doors under each loan as possible 2) can consolidate cap ex protects like new roof/siding (though keep in mind, bigger/taller property will mean more $$ for each project than a sfh--though still cheaper as a whole) 3) closing costs are roughly the same for a sfh or triplex so better to get a 3 for 1, 4) especially if youre out of state like I am, easier to track and manage everything for 6 units in two properties rather than 6 separate properties (I use property management but you still need to monitor/manage the pm).
Shanese Francis
What if a recession is really coming in 2019?
2 February 2019 | 148 replies
Cardone's main principles are sound. 1. be invested in workforce housing. 2. more consolidated units, more down-side protection. 3. be careful about reliance on your sfr for equity.
Account Closed
Value-add multifamily in Los Angeles
28 January 2019 | 6 replies
Also used RUBS program, added storage, and are exploring consolidating cable and wi-fi contracts.
Douglas J.
Meeting private lender today!
18 March 2014 | 1 reply
I've owned these since 2007, I'm selling because I want to consolidate my rental properties and get a few paid off.Now I know the money numbers will likely be different due to the private lender option, this still looks like a good deal to me.I have a question, First, what numbers would begin to make this deal 'bad'?