
15 January 2020 | 16 replies
Bank of Akron is a portfolio lender so they have more liberal lending products.

10 January 2020 | 7 replies
It's a very short hold for a 1031 but since your intent was to hold it for productive use the 1031 would be an option.

16 March 2020 | 68 replies
I know a lot of investors that have been in your position and just didn't know the product exists.

11 January 2020 | 5 replies
I feel like I find a new loan product every day.I'm hoping to leverage the Bigger Pockets community for some advice. :) Thanks and have a wonderful 2020!

10 January 2020 | 1 reply
Once in France, I became the head brewer of an up-and-coming craft brewery and spend the next 2 years refining their products and processes, as well as doubling their production.

29 January 2020 | 22 replies
With several Multifamily conferences and summits on the pipeline for 2020, many of those just to sell a product or get your money, do you know of any of recommended MF conference where you can actually gain some knowledge and learn?

14 January 2020 | 6 replies
(Actionable lessons, how-to's)Scott Brown Carpentry (Enjoyable content, Great production value, how-to's)Paint Life TV (Actionable lessons, how-to's)Bonus: Tarl Yarber is doing some great work putting rehab videos out on @BiggerPockets .com youtube channel as well but they are few and far between for now. investorgirlbritt on instagram has some great content and I think is working with BP but only one youtube video up for now on her account (Brittany Arnason).

15 January 2020 | 38 replies
Although, I should hit ‘em up since I’m constantly raving about their product.

12 January 2020 | 6 replies
Thank YouHi Justin, commercial lenders will be looking for the following but subject to lender and product-specific: (There are niche lenders)Investor Only - loans to Individual, LLC, Corp and Limited partnershipAppraisal of propertyUS or perm resident (some will lend to foreign nationals at 65% LTV and higher rates)3 mos PITIA and closing costs (some will use loan proceeds for this if within LTV thresholds) 3 mo bank statement for proof30-day ownership seasoning on refinancing (some 30 days to 90 days)No tax returns, DTI calculations or income qualification (most)LTVs up to 80% (some sweet spot is 75% for cash out)DSCR 1.0 -<1.3 (some will look at this but some won't sweet spot is 1.2)Credit 650+ (credit will impact rate and LTV)Min Property Value $75K (Higher min in certain areas)Lease or unleased (must be rent ready .. rate may vary)Min Loan Amount (lender specific rates will vary on amount)5/1 ARM, 7/1 ARM, and 30-yr fixed-rate structuresNo sourcing or seasoning of funds (some will ask for 30-60 days seasoning)Must own primary home (lender specific some do some don't)

13 January 2020 | 64 replies
Yes, all three might be present in the same property, but all three are distinctly different.Real estate is full of realtors that will tell you the sky is red and somehow get you to believe it.