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18 January 2025 | 8 replies
You could get a loan from a local bank or private lender to fund it
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4 February 2025 | 18 replies
I’m also looking for mentorship, partnerships, and apprenticeship opportunities to sharpen my skills and learn from those who’ve been there before.If you’re an investor, agent, lender, or property manager in Milwaukee (or have experience with multi-family and house hacking), I’d love to connect!
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21 January 2025 | 4 replies
Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.
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30 January 2025 | 4 replies
@Curt SmithI'm not sure why you think that me offering seller finance means that I am a preditory lender.
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22 January 2025 | 13 replies
One of my wholesale lenders used to be willing to finance these, I can't remember the CLTV requirement of the top.
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24 January 2025 | 3 replies
Luckily the property hasn’t gone down in value so the lender lists it for $400k and gets it.
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24 January 2025 | 16 replies
@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.
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19 January 2025 | 8 replies
Check with your lender to make sure you heard it correctly.
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20 January 2025 | 2 replies
Does anyone represent a wholesale lender or is a broker that knows of a lender who finances commercial (multifamily) properties that operate as AIRBNBs?
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2 February 2025 | 9 replies
Most DSCR lenders will require you to have a minimum credit score.