Mike Dawson
Loan suggestions on 26 unit?
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Braden Hobbs
Partnership Financing Setup
Looking for some advice on setting up a partnership and financing deals. Will be setting up a partnership, probably as a LLC. Here is the situation, please chime in with how you've done things in your businesses.Each ...
Synthia LaFontaine
Wisdom sought: really, what would be the best thing to do?
I live in SW Florida where I owe $335,000 for a house surrounded by homes forecloure specialists are enjoying profits from selling at $125,000 (in much better condition than mine), and at least another thousand brand ...
Tanner Kirkpatrick
New Member Introduction from Philadelphia PA
Hello All! My name is Tanner Kirkpatrick, and I am 25 years old. I currently hold a full-time position as a Systems Engineer (3 yrs) and have recently discovered my obsession for Real Estate Investing primarily throug...
Account Closed
Who can finance in Europe?
Hello,
Looking for lenders who can finance SFR in Europe, Lithuania.
Thank you for the help.
Gareth Fisher
Debt to Asset Ratio Questions
Hey guys, Been looking around and trying to do some research on debt risk. The only measurement I could find was debt to asset ratio. I want to make sure as I take on buy and holds that I am not putting my famil...
Thomas Bullock
Best Loans to use to scale
My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...
Scott Passman
Now is NOT the Time to Accelerate Debt Repayment
There are few times in our history where there’s been more uncertainty about what things will look like in the short-medium term future. There have been a lot of posts on BP espousing opinions and predictions about w...
Alice Huang
First MF under contract! Commercial lending help please
Hello everyone,We just got our first MF under contract. Not sure how to approach it (re: funding, loan apps and etc)Here are the numbers:Total units: 7 (4x 2 beds, 3x 1 bed)Purchase price - $675,000Renovations - $20K ...
Daniel Gibson
Debt to Income Ratio Maxed Out!
My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...