My major plan is to start buying up small apartment buildings (5-8 units) to rent out. I am trying to gather as much advice on financing one of these as possible. What is the best route to take to finance this sort of...
Hi,I own one rental property and just started managing it last month.I wanted to ask professional investors how to step up to owning 10+ unit apartments from owning 2-4 unit apartments.When taking loan with commercial...
Can someone please help explain guidelines for apartment loans.
I just went under contract for a 6 unit multi fam in Michigan. My plan is to BRRR (buy, rehab, and then finance) this property.
Are their min/max amoun...
Hello everyone,
I am looking to buy a SFH with a full in-law suite in Red Bank and trying to rent it out as a duplex after I house hack it for 1 year to satisfy primary residency status for a FHA loan. The house is c...
I am marketing to owners of free and clear apartment buildings and showing them the benefits of Seller Carryback Financing. Assuming the seller only requires a 5-10% downpayment, I've been thinking of using a bank loa...
I am living in an owner occupied (OO) apartment financed from a hard money lender (HML) and my only debt in the bank system is the lease of my car.
Can I get a mortgage for a 2nd apartment with my salary and then ref...
Hey everyone,I'm pursuing a whole deal for this portfolio of two properties (9 unit apartment / quadplex) and having trouble finding financing options and was hoping for some advice.I am new to real estate investing ...
Hello, All!
Situation:
I have a buyer that is looking for apartments here in D/FW that meet the following criteria:
1) Age of Apt. Bldg.: No older than ten (10) years
2) Equity: $30K bare minimum.
3) Very little ...
I have a multifamily home under contract and I am going with a local bank . I am putting 25% down, regular loan (this is my 3rd property). I asked the bank If I can go with 20% down payment and the bank tells me that ...
Hi,
I am looking to invest first time with a turnkey developer, who is buying the land and building a multi unit commercial retail center and some apartments. He is looking at a group of investors like myself to bri...