Hello Everyone,I’m scheduled to close on the sale of my single family rental the first week in May, and will have ~$250k in equity to roll-over into one or more replacement properties.I’d really like to hear other mem...
Hi BP!Im offering on 2 duplexes that are next door to each other, owned by the same seller. When looking at financing options what I've found is that I can do a single commercial loan which would be a 5 yr balloon am...
Hello All,I hope this post finds everyone either living your dreams or pursuing them. Like many of us, I fall in the latter category; hence, the reason for this post. I'm interested in purchasing a commercial proper...
I need some help thinking this through and making the best long term decision. I have 2 commercial mortgages that are on 5 year ARM loans with 15 year terms and 3 personal mortgages with 20 year fixed rates. I am a bu...
Hi, I am looking at purchasing a multi-family 3-flat in Chicago. The house sits on a lot that is currently zoned as B3-1 ("Shopping centers, large stores, and retail storefronts, often along major streets. Allows more...
Hey guys, I'm looking at a MHP with a 120 year old house on the corner of the park that has about 1/2 an acre to it. We're thinking of tearing it down since the upkeep on it is expensive and so is the insurance. If yo...
Hello. I am purchasing a property that consists of a single family house (where I would live) and a three family house (which I would rent out). I plan to take out two mortgages - a smaller residential one for the sin...
Hypothetical: let's say you've got a deal for a home and garage apartment on the property. The home needs renovation but the second building is move-in ready. One caveat: the upstairs of building 2 is a great looking ...
Hello - I currently have a commercial building with a seller financed deal under contract but am looking for a different buyer. The building doesn't work for what we are planning and we have too much on our plate to t...