Timothy Hilario
Real Estate Advice
Hi everyone,I bought my first studio condo in Astoria, NYC, last December. I’m originally from Long Island but have always wanted to buy in NYC and potentially settle here long-term. My plan was to keep the condo as m...
Roshad Luten
HOUSE HACKING ADVICE NEEDED
Can anyone tell me if finding a hard money lender for a house hack is a smart strategy? I am trying to figure out the best strategy to start with in real estate. I've been on my wholesaling journey for about a month n...
Ashley Wilson
Forecasting Cap Rates
Two Disclaimers: 1. Before everyone comments there is more to underwriting than projecting exit cap rate and it varies by market, know that I already know that, and this post is regarding a general concept and a quest...
Steven Rogers
New to (commercial) REI - typical to get max loan approval prior?
I'm very new to real estate investing, but there is one thing I wanted to get clarified - is it typical for a person to already have a pre-approved loan for a given amount, before looking more seriously into buying a ...
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
Abdoul Guisset
House Hacking in New Jersey/NY
Hi all! I am still fairly new to the Bigger Pockets community (although created one post before) and I started looking into House Hacking.Little background: I've been working for 2 years now and wanted to start my rea...
Jeanie Choi
Property Manager without a brokers license?
I am purchasing a commercial property with a few partners in GA and would like to manage it myself. Does GA require a brokers license since the property is owned by an LLC with multiple members?
Denise S.
Refinancing a Hard Money Loan for out of state properties
Ok
It is not the route i want to go, but i see its my only route at this time.
I'm going to look into hard money loan financing for the start of my real estate business venture. Since I am planning to p...
Mikhail Pritsker
Sponsor underwriting. Part 2.
Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
Lane Kawaoka
HUNTSVILLE, AL • 100-UNITS, CLASS-B APARTMENT, BUILT 1970
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $4,600,000
Cash invested: $2,000,000
5th Project in the area. A nice blend of two stabilized projects with a...