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28 May 2024 | 5 replies
Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option
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28 May 2024 | 5 replies
Mortgage is with a local bank in a small town that the business uses so they would likely notice this change.If the bank calls the due on sale clause could I refinance at that point?
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29 May 2024 | 5 replies
Your property appeals to neither a growing family (too small) or the young professional still seeking fun (not within walking).Here is the MILLION DOLLAR question: If you were buying an investment property, would this be one you would buy.
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28 May 2024 | 3 replies
I would go directly to the county in Arkansas you are looking to and read the information they have there, both for property owners in default and bidders.
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29 May 2024 | 9 replies
. - Heads of households to maintain firearms.If you buy a 6 bedroom house in a neighborhood with a small driveway and try to cram 6 couples in the house each with a car you will probably have issues.
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28 May 2024 | 3 replies
@Sarah AliReal estate investing offers various strategies for limited funds, including house hacking, crowdfunding platforms, wholesalers, lease options, turnkey rental properties, partnerships, and small commercial properties.
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29 May 2024 | 9 replies
Shelter is a necessity and there is a direct correlation with price and vacancy time.
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28 May 2024 | 0 replies
Life circumstances pushed me into stepping out into that direction right now...at possibly the top of a market...ooof.
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28 May 2024 | 0 replies
Life circumstances pushed me into stepping out into that direction right now...at possibly the top of a market...ooof.