Of those who are buying larger multifamily assets how many of you utilize a bridge loan before putting permanent financing in place opposed to going straight into permanent Freddie/Fannie debt (or HUD or any type of p...
I’m looking for help with structuring a deal for a 16 unit apt complex. The asking price is $399,000, and the property needs about $52,000 in repairs. The seller is willing to finance a portion of the deal with $100,...
Are the following terms achievable in our current market conditions? Looking for a bridge loan.
Hello, new investor here. I'm considering using Hometap for cash for our first investment property. Does anyone have experience or opinions regarding this? My credit isn't perfect, and I own my own business, machine s...
The bank dropped a new excel in my lap after our last round of deals. The excel is labeled as "Stabilization Report". They asked us to submit it each time we do another round of lending.It is nothing really fancy. You...
People often ask me how they should determine their operating expenses. These numbers should be determined using a combination of the historical financial data available, feedback from your property management company...
Hi everyone. Can anyone give me guidance on FHA loan options for a 100 unit stabilized complex. Loan would for between 3 to 4 million. How much down is required and how does one go about pursuing this product ?
Thanks!
Hi community!What is the best way to re-finance from Hard Money? It seems like we will be stuck holding a flip over the winter and it would kill our numbers if we continue paying hard money all that time. Any suggesti...
Hi everyone, I have heard a lot about DSCR loans, which sound promising for several reasons (feel free to give your opinion if you think otherwise). However, I'm wondering how to manage the disconnect between the comm...
Good evening! I purchased a 10-unit complex in California with a hard money loan. I have since stabilized the property and am interested in getting a longer term loan on the property. Does anybody know how long the pr...