Hi I am new to commercial loans and I was wondering if i could get some help telling me if these numbers look ok. A little background, we went the commercial route because we are running into DTI issues. THE NUMBERS:L...
Let's say there was a 24 unit apartment complex that you wanted to buy. The complex is actually composed of 6-4 plex buildings all on separate parcels. Would it be better to finance through residential mortgages or th...
In my search for lenders here in Nashville, it seems as though there are two options each with varying terms from lender to lender. There is usually some kind of fixed rate mortgage I can obtain (80% of purchase pric...
Hey all,
This should be a quick one. When building a new home, how early can one expect to lock-in an interest rate? I know most locks are 30-60 days but does that differ with new construction? The home in question w...
An elderly lady I know filed an eviction concerning a commercial bldg. she owns. A barber shop to be specific.
Landlord and tenant went to court. Got the judgment and tenant was ordered to vacate ...
I had some tenants move out recently and the deadbolt on the front door is messed up. I replace the lock every time a tenant moves but I always save the locks to use later. The deadbolt looks fine but its very diffic...
Hello Bigger Pockets forum. I just closed on my first rental on August 30th. It is a 5 unit building, 3 apartments and 2 commercial spaces . I inherited the previous owners brother as a tenant. He lives in one apar...
We are renting a commercial space to a trucking company. The lease is ending this month, they are going bankrupt, but I heard they want to continue for another month or so while they finish their last few jobs.What r...
I have three rentals in Charlotte with conventional financing with a good interest rate. I just paid cash for a rental in Milwaukee and placed a renter. The next step is to refinance this new property. I was introduce...
Just about to close on my 1st househack rental! I have to replace some of the locks and wondering if I should just make the jump to a keypad or smartlock instead of the cheaper/traditional lock for all units?Love to ...