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So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
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I own a 2 family out right that’s worth $300k. No mortgages. I also have zero personal debit besides a $400 credit card. Credit Karma says my score is 675. I recently open up a business for Electrical contracting and ...
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Hello bigger pockets community I have a question about how to get my second property. More than a year ago I bought a duplex to house hack with a conventional 20% down with 3.5 interest rate. I renovated the entire ...
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Hello,
I'm looking for a way to creatively access some equity in my portfolio to expand here in Columbus ,OH. I currently have 6 LTRs worth a bit over $2mn, with around 700k in equity, cash flow of 4-5k/month and my ...
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In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...
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Is there a way to get a mortgage for two properties?I found a great deal for two properties within my budget that I’ve been prequalified for a primary residence. However, these properties are Already cash flowing with...
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Hi BP community. New investor here educating myself hoping someone can answer my questions. I'm currently unemployed (industry shut down by the pandemic, but I'm returning to work in September), however I'm ready to...
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Hello everyone, I'm looking to get some ideas on what you look for when you are looking for a real estate attorney. I'm looking for what questions to ask and how to know they are giving me the best advice. I am lookin...
I am looking to invest in a multi-family home in Westchester, NY (2-3 units) Does anyone have a formula / calculation to evaluate rent roll? Thank you,Nick
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I've used a simple spreadsheet to do quick analysis of prices vs rents using the 50% rule. I'm working on making a Dashboard Widget of it so I don't have to leave the spreadsheet open all the time. Is anyone else in...