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4 May 2024 | 7 replies
Typically, we aim for about 60% in profit at the sale in year 5.In five years’ time, the units have been updated, tenants are strong, and rent accurately reflects market rates.
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2 May 2024 | 4 replies
Be creative in finding tenants by partnering with local, state, or even national businesses.
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3 May 2024 | 11 replies
The most multi-unit I have done so far is 2 units.
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3 May 2024 | 7 replies
On the other hand, you could also look into multifamily units where you can live one of the unit and rent out the other vacant units with as little as 5% down payment.
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3 May 2024 | 7 replies
Are apartments (5 units or more) considered "commercial" real estate or is that still residential?
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2 May 2024 | 6 replies
Larger national companies like State Farm, Allstate, and Liberty Mutual are known for providing comprehensive coverage, so they could be good places to start your search.
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4 May 2024 | 35 replies
For example asking for minor upgrades to the unit but in a way that blurs the relationship boundaries.
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1 May 2024 | 9 replies
Hello,Trying to get an idea of the best sources (lenders) for lowest origination fees and lowest APR for fixed rate loans on 6+ unit multifamily.Thanks!
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1 May 2024 | 10 replies
Do I talk with a local bank, national bank, or mortgage broker?
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3 May 2024 | 3 replies
Can someone point me in the right direction on where I can get the form to add an addendum into my lease about what I'm using the corporate unit for.