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Results (10,000+)
John Cardinale HELOC when househacking
19 April 2024 | 4 replies
That will help with DTI.Put a pdf-package together with your financials, summary on the first page, shop it around, should not take you long.
Kevin S. Use up retirement account for REI or non-retirement account first?
18 April 2024 | 4 replies
Assuming you mean where should you choose to place your investments, overall I'll generically say you should use your non retirement assets for investing first.
Jake Healy Broker relationships with commercial lenders
17 April 2024 | 16 replies
I've closed 3, so definitely not the most experienced on the Commercial Side, but in my experience a lot of these Commercial Lenders want to see a Personal Financial Statement.
Vahid Nazer Is It Beneficial to Work with a Fiduciary Financial Advisor Before Starting My
16 April 2024 | 2 replies
Financial Planning: How can a fiduciary help in aligning my financial plan with my investment goals?
Montana E Manship Excited to learn!
19 April 2024 | 5 replies
Take time to brainstorm your long-term goals and define your financial objectives.I would be delighted to link up with you if you are contemplating investments in the Midwest, specifically in Kansas City.Wishing you the best of luck as you embark on this new journey.
Robert Mendenhall How to Analyze an Owner Occupied Duplex
18 April 2024 | 6 replies
If you're relying on that income to cover the cost, then you can get in some financial trouble.
Jared Van Horn Keep or sell?
19 April 2024 | 4 replies
@Jared Van Horn - As everyone indicated, it seems like these properties are negatively cash flowing and it has a hard money loan on there hence I would sell them and repurpose the equity into a cash flowing asset
Caitlin Lutenske-Logan CA Attorney Recommendations - LLC & Trust Formation
19 April 2024 | 2 replies
Hey, I have been searching for the right legal team to assist in entity formation, with anonymity and asset protection top of mind.
Tiffani Suarez Multifamily investing PML funding
19 April 2024 | 5 replies
This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.
Jennifer Taylor What strategy for 300K?
18 April 2024 | 10 replies
Buy a variety of asset class/ unit count properties.