1 September 2025 | 8 replies
Rehab costs: Prefer not to share on a public forum.Financing: Did a 25% down rehab loan that was at 9% and 2.5 points from a local bank.
4 September 2025 | 7 replies
As for trailers (NOT manufactured homes), they can be a little trickier as they considered personal property, not real property in some situations, which can affect the resale value as many banks will not lend on them.
3 September 2025 | 9 replies
As for financing, my suggestion would be to find an independent mortgage broker… Not just one that works for one particular bank/lender.
3 September 2025 | 1 reply
Getting a conventional loan from a bank.
3 September 2025 | 1 reply
Was going to use our hard money lender to acquire, but they didn't do commercial so I went traditional bank financing.
5 September 2025 | 6 replies
I’ve barely spent any of my own $ to buy rentals and have been able to scale up to 29 rentals by using equity, 401k loans, random consumer lines of credit from banks and 0% interest for a year credit card loans.
3 September 2025 | 7 replies
@Anthony PolcynLikely have to take this commercial or check with a local bank or credit union.
2 September 2025 | 3 replies
Curious to hear from anyone who’s done something similar, what structures made it plausible with the banks/investors?
5 September 2025 | 21 replies
But monthly there are rent/invoices to send out, pay the CAM (auto pay), mort (deducted by the banks -- they really want their money!)
5 September 2025 | 14 replies
If you're just taking on an investment property yourself and you won't be living in it, you probably want to limit yourself to 100k property if that's around your area--maybe a fix and flip that you can add value to and get renovation loans from bank.