Scott Sewell
Downsides of commercial financing?
Hello BP,
Please consider this our introduction, and thanks for this opportunity. My wife and I are novice investors and have spent the last 5 years honing our property management skills, learning all we can about inv...
Byron Scott
Getting Approved for 5+ Units
Hey Biggerpockets,
I am going to start going into banks this coming weeks with numbers and a plan to purchase a 5-10 unit apartment building. I'm new to this so I wanted to ask BP: What do you all think I should bri...
Lauryn Meadows
Developing a Small Multi
Hey all! So a little background, I've never done any type of development project. My husband and I are currently flipping our first property, and that's the amount of real estate investing experience I have. (Other th...
Mackal Smith
Taking Care of Student Loans
Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
Morgan Russell
Business evaluation spreadsheet
Good morning all, Would any of you have or can recommend a good evaluation calculator to buy a business on seller finance? Any “how to” deal structure literature to share?Thank you in advance
Dominique Mickles
Working a part time job
I have $2,500 saved and plan on saving more for a down payment my credit score is in the 700 but I work a part time job and I know lenders look at your income. So is it still possible for me to get a loan? What should...
David Brent
Post close, lender asking for MORE financials
I purchase my first MF 6 mos ago, and all is going well (and all loan payments on time, etc). Just got letter from my bank asking for ‘19 and 20 tax returns, updated and signed personal financial statement, and rent r...
Grant Bowman
Seattle Multi Family Seeker
Hello BP Community!I am a young professional looking to acquire a multi family property in Seattle. I'd like to take a swing at being a landlord and would love to chat with someone who has already gone through the pr...
Raquel Zanoni
FHA Loan vs Traditional Mortgage
Hi BP Folks,
I am new to real estate investing and looking for some advice on financing options. Currently, I know the type of investment property (multi family) I am seeking, strategy (buy and hold - potentially BRR...
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...