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Patrick Godfrey Will Adding ADU’s in Los Angeles Turn my Triplex into Commercial?

7 January 2022 | 4 replies

Hey Y’all! I just closed on my first househack deal! It’s a triplex in LA. I’ve got a 600 sqft garage that I may expand to make 2 studio ADUs. My concern is that doing so will result in a breach of my loan with the ba...

Geoffrey Sawyer Added an ADU to my 4-unit, can I refi without going commercial?

27 February 2022 | 4 replies

I'm finishing up a lot of improvements to a four unit that I purchased in 2020. One of those improvements is a Junior ADU, which is technically a 5th unit. I've got a lot of new equity in this place and wanted to refi...

Brenda Wright What are the LOOPHOLES about an All-Cash vs. Conventional loan?

11 December 2017 | 3 replies

We are closing on a deal on a passive income property and wanted to know what are all the loopholes?- Property is in Memphis.- Property is worth 100k.- Plan on purchasing 15 properties.- 7% ROIWhat are the ad/disadvan...

Jennifer Stein Hybrid Multifamily & Commercial Unit

11 July 2016 | 1 reply

Hello All...I am new to this community and also fairly new to multifamily investing. I have a full time job, so I am dabbling into the multifamily real estate syndication market here in LA, SF and NYC. I have only in...

Ben Feder Where do you find good multifamily residential deals? Websites?

16 November 2019 | 8 replies

I am beginning to look for deals to analyze so I can make my first investment. Where do I look/who do I ask, etc. to find multifamily properties? Will places like Realtor.com, Trulia, Zillow, etc. cut it or should I b...

Amy A. How to find commercial tenants?

21 November 2020 | 6 replies

I'm a licensed Realtor and recently purchased a retail strip mall with small units. I know, terrible timing - I closed Jan. 31. I have a couple of upcoming vacancies that I've posted on New England Commercial Property...

Ali Nurmohamed Shopping center investing

1 February 2023 | 4 replies

So my question is, after that I’ve added value to the property am I allowed to raise rents from the tenants?Because I don’t exactly know how to qualify for a cash-out refi on a retail property.