I'm looking to get advise about setting up a partnership.
So I’m wondering what you guys thoughts on LOC are. Basically they are a way make a cash purchase, finance the rehab, then after I could refinance and clear out the line of credit. Not as much dealing with lenders, ca...
Hello,
I am currently in the process of purchasing a multifamily and I have someone who is interested in doing a joint venture on this property with me. They willing to put down a 25% down payment. We plan to hold th...
What is the most effective way to analyze a multifamily property and what needs to be accounted for when valuing a multifamily property? Does the intrinsic value need to be the after repair value as suggested by ...
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...
I have rehabbed and leased out a residential assisted living facility and need to pay back my private money lender. My DSCR lender just denied the refinance since the house is being used as a business. How do y'all...
Hello everyone!My partner and I have recently just put down an offer for a SFH in Kansas City! We signed the PA and we are currently getting all the mortgage details down. This will be our first time and we are excite...
Hi All,My wife and I plan to purchase some properties in Maryland with another couple. We live in NYC, and the other couple (friends of ours) currently live in NJ but will be moving to Virginia in the near future (I ...
im considering renting some property to assisted living businesses, anyone have any experience with this? i see some upsides in preventing evictions/ higher rents. any info would be helpful