Does one have to get a commercial loan for 5+ unit multifam properties? I saw a listing in my area for an 8 unit property. I chatted with the broker about the place and asked if it would take a commercial loan since i...
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Actively investing in stabilized investment deals of 1-4 family properties throughout NJ. Looking to connect with strong mortgage broker who specializes in loans for investment properties in NJ. Any recommendations wo...
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The house has market value of $360,000 with less than $98,000 principle in a 15 year mortgage (3.25%, $1368 monthly payment). It's rented for $1800 a month. Should I sell (use the proceed to reinvest) or hold on (bec...
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Investment Info:
Commercial investment in Cleveland.
Purchase price: $123,000
Cash invested: $30,000
This is a mixed use property consisting of two storefronts, four apartments and one freestanding...
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Hi everyone,Has anyone used a regional commercial bank to finance a multifamily in Jacksonville, Fl? I would prefer to use a local/regional bank to finance a 12 unit apartment building located near downtown Jacksonvil...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $210,000
Cash invested: $60,000
Three single single family homes with section 8 tenants in Detroit market. Plan is ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $130,000
Stabilized quadplex with mixture of STR and long-term rental. Performed cas...
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Hello. I have a rental unit that falls under the Los Angeles rent stabilization ordinance. Tenant wants to sign a two-year deal. How do I show what year two rent will be in the lease if I don't know the max allowable ...
I am a greenhorn and looking for advice on creative ways to come up with financing.
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Hello - I have an offmarket turnkey property and I am attaching the analysis I did. My goal is to buy and hold. With the current interest rate environment I would be breaking even, however I believe long term once the...