Leo M Christensen
Closed on a duplex, house-hacked and got positive cash flow
Closed on a duplex in June, but as a term in the deal I don't paying off the mortgage until September. As a consequence of brexit the interest rate of 30 year fixed went from 2.5% to 2%.
Thus meaning that I now live i...
Kim Mancoronal
investing in multi family apartment complex's
has anyone invested in an apartment complex. I found one that is an REO. it is an 84 unit complex built in 1964. it has a 64%- 67% occ. rate that they are reporting as "climbing" price is $1,800,000.00 scheduled ...
Sabrina Maples
Motel turned apartments?
There's an interesting opportunity here in Chandler, Arizona where a motel is being sold but the agent is marketing it for commercial apartment usage. It has 25 units which mainly consist of 1 beds and studios and is ...
Regis Wells
Seller Financing in Northern VA
I'm very curious to see, if there is anybody on here who has done seller financing transactions, in the Northern Virginia area, and how they've worked out for you.....Anybody?
Alex E.
experience requirement
Hi,I just found out that part of the requirement to get a commercial loan for an apartment complex is to have a minimum of 5 years experience managing a large multi-family property, or something similar. Is this requi...
Account Closed
Best Way To Acquire Multifamily Properties.
Assuming you had the money, is it better to pay for a property by yourself, is it better to get private money regardless, or is it better to leverage a partnership/group purchase even if you had the money for leverage...
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...
Cory Brown
New Apartment Complexes
Hey everyone -- I have a general question.I've been researching real estate investing for about a year, primarily to get used to the market but also to get things together to be in a position to invest. I've held a p...
Carter Henderson
Advice on purchase/deal structuring
Hi BP Community,I have a friend with an amazing multi-family property (I used to live in one apartment and can attest to the quality) in a great location that is continuing to boom as tech companies move in and has gr...
Edward James smith
Advice on second property
Hello, I recently just bought my first property being a 4bedroom/2bath home. Home has an additional 1 bedroom/1bath apartment downstairs with its own separate outdoor entrance. We are currently living in the top floo...