Alexander Friedman
Advice Needed - Multi-Condo Water Damage
28 October 2021 | 4 replies
Is there any leverage that I can utilize as it relates to moving this forward?
Erica Hutchinson
Down payment assistance for multifamily home
10 November 2021 | 8 replies
Can I utilize down payment assistance to purchase a multifamily home in Houston, TX?
David C.
Utilizing Small Business Loans for Multifamily Purchases
27 October 2021 | 0 replies
Fellow BP-ers,
I was interested in hearing from those who have used Small Business Loans (unsecured loans from Fannie Mae/Freddie Mac) to purchase their multiunit deals. I would be most interested to hear about:
- ...
Stephanie DeBerry
First House hack- Inheriting tenants
28 October 2021 | 9 replies
Says SSN may not be valid and to verify identity.I'm concerned that the tenant who is well-qualified is moving out, and the tenant who wants to stay is not qualified (the income concerns me, as well as Tenant 1 telling me on the phone that she's willing to help Tenant 2 which makes me think Tenant 2 really can't afford the place solo).Tenant 1 also told me that while the garage apartment is separately metered for utilities, the seller kept those utilities in his own name and has tenants venmo him for the utility bills.
Keelia Purscell
Multifamily and Adaptive Reuse
28 October 2021 | 0 replies
Have any of you been involved in a project utilizing adaptive reuse and redevelopment?
Chris Martin
Construction Loan Structure for Multi-Family Development
28 October 2021 | 1 reply
.- Let's assume the lot is already vacant and has already been purchased utilizing a lot/land loan. - The goal is an 18 month loan to complete phase 1 below.
Chris Martin
Loan Structure for Multi-Family Development
28 October 2021 | 0 replies
.- Let's assume the lot is already vacant and has already been purchased utilizing a lot/land loan. - The goal is an 18 month loan to complete phase 1 below.
Chris Martin
Loan Structure for Multi-Family Development
3 November 2021 | 1 reply
.- Let's assume the lot is already vacant and has already been purchased utilizing a lot/land loan. - The goal is an 18 month loan to complete phase 1 below.
Kathy Lowery
Altering Tenant Utilities to Make Property CashFlow?
28 October 2021 | 4 replies
The only problem is that it does not cash-flow due to the owner paying ALL utilities.
Evan O'Brien
The BRRRR Strategy question
29 October 2021 | 3 replies
Or can you also utilize this strategy with loans and putting a down payment on a property?