I am interesting in buying an apartment complex for around $800K with the view to add value and raise overall worth to around $1M. I have 20% cash to put down. However, I have no experience in this field other than po...
I have a 58-unit building under contract @ $2.5M. The bank I was planning on working with was offering 5yr fixed @ 5.0%, 25yr am and 75% LTV. First two years are interest only as we move off of a HUD contract and into...
Hey oh, did some searching to no avail. Could use some BP insight!
Current situation: Looking to pay down some debts in-order to secure a high valued Fannie Mae refi today @ $765.6K, their max. Live in Bay Area, CA i...
We recently bought our second 4 plex. I financed one using a FHA loan. And we got another one under the home possible loan which is conventional. I’m trying to decide what the next, best move is. I am tore. I’m tired ...
Hello Bigger Pockets Community (Newbie Here),My business partner and I are currently looking at purchasing our first investment property in Detroit, MI. We will be using the BRRRR strategy, so buying the property for ...
I'm selling a new construction house as an individual without a Real Estate agent. House is listed for $425K and I have 2 offers on the table.
1st offer:140K down payment, rest conventional mortgage
2nd offer: 10K d...
In the NNN world what does typical financing look like? i.e. What are typical term lengths? What are typical interest rates? What is a required minimal lease term remaining on NNN tenant? What is minimal amount of...
I have ventured into the commercial world this year buying a small shop for storing materials (I have 20 flips going and need a lot of space) and cars, a 7,500 square foot office building, and a 1,600 square foot indu...
Recourse and non-recourse loans are two types of financing agreements that differ primarily in the lender's ability to seek repayment beyond the collateral.
Recourse Loan: In a recourse loan, the borrower is personal...
A very common question that we get asked as our clients get ready to buy a home, is what is the difference between pre-qualification and pre-approval? Are they the same? Is one better that the other?
The truth is the...