What are the requirements for a commercial loan.

I wanted to get some input on what would be the best way to get financing.

what I would do to decide if brrr method is the way to go-Assess the cost of necessary updates and improvements and compare them to the potential increase in your home's value.

I work for General Dynamics Electric Boat which has decades long contracts with the US government and the turnover rate is relatively high in the company so my thoughts are if I could choose a place that is within commute distance there and within the price range of the average employee that maybe that could be a great idea but I want to know if people think that is too much of an assumption and risk to make?

@Sanjida Rabbani How many units is the property and what class is the property/submarket?

He ignored these requirements and he went straight to the County with the same paperwork and the county approved the subdivision; therefore he was able to sell 5 of the 6 properties to different investors.

The owner is a good friend of ours and agreed to do a deal with us if we helped him rehab the property.

You're in the right place.

I'd say it depends on the price of mentorship and what the mentor is really offering.

- with only $200k, they can buy a $1M house because they can borrow the rest from the bank.Let’s say the buyer’s agent is asking for 2.5% of the sale price.