Good evening, I am in in the process of refinancing one of my multi family properties (2unit). I now have a choice to either do a residential or commercial refinance. I have never done a commercial refinance. Would it...
Hello BP Community! I am just getting started on my REI journey and wanted to see how the rest of the RE world is leveraging technology to meet their unique goals. Currently, my partner and I are looking into MultiFam...
A little about my situation - I owned a business in my town for several years before starting the REI thing. During that time i built a very good relationship with the current bank i am using and, more importantly, ...
We've been putting LVT in our one bedroom units as they become vacant. These are long strips that are glued down. Recently had to do an eviction and the move out results are not pretty. This is the first turnover sinc...
Have you considered building new to keep up with demand in your market?Consider Modular for Speed, Cost SavingsColumnist Lew Sichelman explores why modular construction can be a successful solution for multifamily dev...
Does anyone have any experience or recommendations for non recourse lenders that will cross collateralize loans for properties in a retirement account? I have several clients that have a lot of equity in homes they pu...
Hello investors,I was listening to real estate guys podcast the other day and a commercial lender/broker mentioned about a fully amortizing 25, 30, 35 yr term HUD FHA commercial loan product. Anyone knows if such a pr...
Quick newbie question: So with the FHA loan, you will still have to pay premium insurance throughout the life of the loan. Isn't that the same as paying the PMI for a conventional loan if you don't reach that 20% down...
Hello, BiggerPockets Community!
I’m excited to be here and connect with fellow investors! Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financ...
Do you seal laminate floors in your rentals?I placed a bid on a house today that has some relatively new laminate flooring. There are even a few left over boxes of laminate in the laundry room. Unfortunately it looks ...