If I decide to loan money in this format how hard is it to take over a defaulted property? Same time it takes to foreclose on a regular home buyer?
Hi Everyone:My close buddy is interested in investing in commercial property specifically multi-unit apartment buildings and complexes. He is looking for the best book/info on the subject. While apartment investing i...
Most residential developers specialize in one of three areas: - Entitlements & Permitting (Paper Lots) - Horizontal Development (Finished Lots) - Vertical Development (Finished Homes)Some developers focus on multi...
I am considering doing a cashout refinance on a property (a bundle of more than 10 condominiums in a complex) I own in North Phoenix, AZ and use those funds to buy another multi unit property for cash.My criteria for ...
Hey Guys,I am reading The Complete Guide To Buying And Selling Apartment Buildings by Steve Burges. My goal is to transition into multifamily investing from SFR. Are there any other good books on multifamily and apa...
Hi BP! I have a quick question to ask about Finance. We are almost at the point that we will reach the 10th conventional mortgage. Please give me a few names of the local banks, union credits etc that you would recomm...
Hi everyone,Please refrain from mentioning the obvious, I'm hoping someone can help my friend out of this tricky situation. He's closing in a week on a property he was going to STR in South Hanover PA township near He...
Hey Biggerpockets family,I have been wondering for when I eventually buy a rental property. My goal is to buy a value add property. I am just curious as to how you renovate units/the building if the property is tenant...
Hello. I recently joined a real estate group and a couple people want to do a joint venture(I believe that’s what it’s called) and pool our funds together to purchase commercial real estate. What are some things to lo...
The underwriting team of a local bank I was working with in Louisville just gave me a "No" for a small balance commercial loan for a 5 unit that I currently have under contract. Unfortunately it took them 4 weeks to ...