I know for residential multifamily properties (4<units) banks are looking for 25% down. I understand that commercial loans (4>units) are more flexible. Is 20% down feasible? What are banks requiring?
What is a good percentage to pull from the cash flow in a rental property?Say you have a house that is 1,700 sqft rental property that was built in 1975. The property just underwent a 50K renovation (foundation, roof,...
We have a private lender that will be lending to us. we will be giving them 10%. How do we calculate this and figure out how much we will owe them when we are done with our renovation? We are guessing the project wil...
What percentage are you purchasing more rural properties in up and coming suburbs? Midlothian, Waxahachie, Cleburne, Crowley, etc. Obviously the hot spots such as Burleson and Mansfield are a little higher but I wante...
So I have been going through the rigmarole of getting financing from a major bank and I've found a property that I'm interested in, but when I started this I could put down 20% and now I'm being told that it's 30% dow...
With the recent article claiming 62% of Americans have less than $1000 in savings, how viable is a business that relies on people to pay monthly rents. If for the sake of this question we divide prospective tenants...
I’m new to wholesaling and was wondering how much equity should be in a house to make it a good wholesale deal?
Hi guys, brand new to real estate and have been listening to the bigger pockets podcast. On an episode someone mentioned using peoples low interest savings as property investments with a higher return from you. So fro...
i have a friend who needs to borrow $10k and will give me a percentage of profits($25,000) from sale of piece of property, which should be in 4 months. i will have property as collateral.
we want to keep it as a loan...
if my NOl is 15,158 how can i know my percentage?? Bigger pockets says i want a NOl that is between 40% or 50%.