Over the last two weeks I have had an open dialogue with all of our mortgage lenders. I've found regardless of bank/lender size all of our lenders have been very open to assisting us in minimizing or deferring paymen...
If you could move to any mkt for the purpose of buy-fix-flip, where would you go?
This is actually 2 questions, because i'm interested in stable b- to c sfr rentals too. Are there mkts that work well for bot...
Im a 20 year old college student with 6k in my bank account. I have a family friend who is looking to sell one of his duplex’s because he is getting older and tired of dealing with tenants. He has expressed that he is...
From HUD website:Federal Housing
Administration Increases Dollar Amount Threshold for Large Multifamily
Loans to Be Eligible for Standard Underwriting
Change facilitates greater flexibility for lenders when under...
In order to show a unit I require that a prospective tenant has a monthly income of 3x rent. But that leaves more room for error for a single tenant than for a family of 4. would it be discrimination based on familia...
Hey everyone! In your opinion, do you think multifamily transaction volume will increase in 2024?There is some discussion that rates will decrease in 2024. $1.9T worth of CRE loans are set to expire by the end of 2025...
Hello,Currently interested in understanding what the best maintenance strategy would be for my situation. To give some background, my family owns a 52-unit, 14 story apartment building on the north side of Chicago. We...
I was talking with a friend and we discussed something that I havent really considered before.He claimed that he was underwater on his house because if we wanted to sell it he would only be able to sell it at market v...
I am an investor in PA who owns two twin homes. Essentially it looks like a duplex. However it is not, as it is two separate parcels, each with their own taxes. Is it possible to Merge the properties into one duplex? ...
I'm in process of making first few offers and I'm trying to do my due diligence and discover true rental income numbers from seller. However, when I've asked to see these numbers before making an offer the seller/agen...