I had a wake up call last year when our lender required us to get an additional guarantor on a commercial deal. 

A partner and I who buy multifamily properties together, have a few investors who want in on what we’re doing.

Hi Nicholas,I’m fairly new to real estate looking to learn more and buy more . 

We're looking for buy-and-hold long term rental properties that need minimal rehab work to be rent-ready.If anyone has any banking recommendations in Michigan I'd love to hear them.

If you do not own a primary I would suggest buying a primary and getting a 2-4 unit to start off with a multi door cash flow.If you buy a primary you do not need a PML you can get 100% financing under a few programs or a DPA.

For example, you might borrow $200,000 at 12% interest so you can buy a house for $140,000 and spend $60,000 on renovations.

. - I'm assuming your not the owner of the property and you're bidding to buy it. 

Investment Info:Condo buy & hold investment.

Of course, if the bathroom adds on extra convenience to your life or is more of a discretionary spend, that's your call.

Hello everyone Cody here. I was hoping to get some advice on how you guys are finding these multi family deals. I'm 20 years old and don't know anyone really in the multifamily space. Are you guys using websites like ...