Austin James
50 unit financing: Unsure of what is standard or what to seek out
Want to buy and hold and fix up. Lender gave me these terms. Should I try to get them to extend term to 24 months and drop the origination fee to 1%? I have no experience in commercial loans. Thanks in advance!
Martin Mclaughlin
interest peeked with rental property .. adivice is welcomed
so I've been eyeing a property in the next state. it was on the market for 20k and seemed like a great rental opportunity. This would be my first investment so I believe I would feel more comfortable with something on...
Bryan Malone
HELOC - Is it better to use it as cash or down payment?
Hello all,I'm considering taking out a HELOC to help finance my first deal in the Memphis area. Is it better to use the funds as a down payment on a conventional mortgage (potentially on a larger home that may be more...
Adam Rasmussen
Owner Occupied 4-plex but Not Actually Living There
I am curious if anyone has any experience with this. I am very interested in looking at getting a duplex, triplex, or 4-plex but my situation wouldn't allow me to actually live in one of the units to get the more borr...
Jeremiah W.
First deal - would love assistance analyzing
Hey all,I'm in the market for a duplex to house hack. I've found one in a nice area nearby, but am having a hard time determining if this is a good deal and would love some feedback.Asking Price: 128KDown payment: 5% ...
Rasheena Rouse
Can I assign an Preforeclosure?
I'm new to the wholesaling business and I was curious to know How can I assign an preforeclosure? Will an investor be interested in obtaining an home in preforeclosure being that the mortgage still needs to be paid of...
Vincent Dimedio
BRRRR method question
Going through my first property using BRRRR method I'm at refinance stage at about two months in trying to refi but most banks are requiring 6 month seasoning so looking for advice. I found a couple banks requiring 3 ...
Jess Thompson
Basecamp for World Travel
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Medford.
Purchase price: $130,000
Cash invested: $36,000
My first investment was a duplex in Southern Oregon. I started b...
Kyle J. Cooper
Financial Housekeeping before my 1st Investment Property
It's been a long time coming. All the time spent day dreaming over getting out of debt, building up savings for a down payment, and investing in that first property. Ahhh 2020 was that year! Then this thing called COV...
Christian Bullen
New Member Introduction - Hi
Hi, Christian Bullen here, I am a new member to bigger pockets and am looking to meet like minded people and gain knowledge myself. I'm 28 years old born in Central Florida but raised in Hong Kong, where I have a perm...