Luke Tetreault
Analyzing ARV of a 6 Unit
New to multi family investing and just curious how you go about calculating your ARV of a 6 unit specifically. I have a deal with great value add opportunity, but I'm not sure how to calculate it to figure out what my...
Doug Bielecki
Rental Income qualifications for new HELOC DTI
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...
Ariel Valenzuela
What is the next move?
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 ...
Aisha Miller
ADVICE NEEDED: Re-financing with a property owned by an LLC?
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 ...
Zbigniew Mazurek
Please advice on a New Construction sale
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...
Todd Willhoite
How does financing work on NNN investments?
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...
Mark Ferguson
$150,000 remodel for tenant on $6,000 a month lease?
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...
Roger Mace
Are Your Loans Recourse or Non-recourse, Know the Difference
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...
Sam Abazari
PRE-QUALIFIED VS. PREAPPROVED: WHAT’S THE DIFFERENCE?
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...
Nawaz Shahzad
Overseas Property Search
Hi Folks
What i think buying a property is simple and straight forward as long as you do follow a checklist. It is really difficult to spend time in researching property overseas, but if someo...