Looking to buy my first rental property. Have around 80k or so I can utilize for a down payment. I've mostly looked at 4 unit or less properties. I have seen a couple 5 and 6 unit properties that have sparked my int...
We’re looking to trade up from 1 door to ideally 20 doors and purchase a MF commercial building. On Brandon’s post building $1M net worth, he used 20% for the down payment. I’ve spoken with a commercial lender and com...
Fellow BPer's,
I've done 3 or 4 deals already with traditional financing but I have an opportunity to potentially buy 6 units (3 duplexes) with a partner. We can still afford/qualify 4 of the units under traditional...
Hi Everyone - Thanks for all your valuable discussion and willingness to share advice. Tapping into the wisdom and thinking of folks who have greater perspective/different perspective and experience is so very valuab...
Hi all,I've mainly focused on fix and flips over the last couple of years but am currently moving into more of a hold and rent strategy. I'm looking to discuss corporate structures with a local attorney but have been ...
Needing help on best practices to vet commercial tenants and best leases to use. ( NN or NNN and why)
Info: 1 6000 sq/ft. building. Currently 3 commercial spaces for rent, 1 apartment. (will remodel 2 other commer...
From previous posts I read that due on sale is very rare but real. Now that I have quit claimed the deed to an llc , which is 100% owned by me, what are the remedies/proactive steps I could take now if the bank calls ...
What is the minimum amount of capital needed for someone who currently is not working, to purchase a commercial property, such as a motel, with a down payment of 20% and getting a mortgage from a bank, and being able ...
Hey Everyone,I'm looking for Rock Star Property Managers in Boise and surrounding area. If you know of/worked with anyone that fits that Rock Star description let me know. I'll be sure to let them know who sent me the...
Hello BP fam. I came across a deal for an 8 plex. They are asking 180k. The owner has owned and self manage for the past 20 years. It is fully occupied with rents at $480 a month. My agent says the rent hasn't gone ...