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Hey Everyone,I'm looking to trade up and own my own apartment complex. I've never invested in commercial multifamily so I am looking for more advice and mentoring about the loan process and managing my rentals. I alre...
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I often get Condotels submitted for funding. These deals can get funded however not all lenders have an appetite for them. Below are some of the reasons it is a struggle.Condotels, or condominium hotels, present uniqu...
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Hi All !!I currently own and rent a few SFR. Lets say I want to secure a commercial loan for a small apartment complex (Lets also say the selling price is around $900K and I put 50% down). Doesn't really matter. I sho...
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I am looking to purchase a 5 unit apartment complex with only 40% occupancy. Is there any possibility that the bank would loan in this property? And what are good strategies to increase occupancy?
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What’s up BiggerPockets?! This is my first post on here so I’m joining the awesome community and I am super pumped about it! My first question may be a personal preference, but I am looking to get into real estate for...
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Can you do a flip with a SD Solo 401K . Do I need to open an LLC in the SD Solo 401K to do the rehab? Any info would be appreciated. Also is a step son a legal person to deal with in a SD account?
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Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
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Hi all,I'm looking into buying a group of condo's for sale in a complex where there is an HOA. Normally I wouldn't think about working with an HOA but all of the condo's are owned by investors so the HOA board is mad...
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Hi everyone, I am so glad to be apart of this group. It is my goal to build my own personal empire for myself and children. I am a single mom that always wanted to get into investing but was not sure how to start. I h...
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When it comes starting out in multi-family rental properties, how much is too much starting out?I am running numbers, talking to two realtors, my local property manager and potential partners on a set of dozen condos ...