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16 August 2024 | 4 replies
Hello Pat,When seeking someone to partner with on this, I'd recommend sharing how much you plan on investing into the deal yourself.
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16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.
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16 August 2024 | 5 replies
Asking for help is not necessarily one of my strong points, however I truly believe in the knowledge that exists within this forum, and I would highly value any and all mentorship that may be available to help get me going in the right direction.
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15 August 2024 | 2 replies
Thanks you for your recommendations.
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15 August 2024 | 22 replies
I am curious to know what other people are currently using and recommend.
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15 August 2024 | 6 replies
I'm looking to either transform single family with high Sq footage to 3-4 units.
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16 August 2024 | 7 replies
Tough time to sell a condo as inventory is crazy high and unfortunately, going to get higher as they keep building.
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14 August 2024 | 8 replies
Check the in person events and meetups in your local area, our online community is full of knowledge and folks willing to share and still nothing replaces the opportunity to interact IRL, you never know who you will meet and where that can take you on your REI journey.
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13 August 2024 | 69 replies
Hope others will recommend this as well and not put all the risk on the pref equity investors as well as us LP's invested in this fund.