Hi BP,This is my first post and I'm hoping that some experts may have come across my scenario before. I have found a great 2B/2B investment condo that is tenant occupied (tenant has occupied for 8 years already) and i...
Hello BP community, My name is Lizette. I’ve been following BiggerPockets for about 3 months now. I have found a lot of useful information here. In the past year I’ve been working on my finances and This year my goal ...
I am looking to purchase a condo in my area, but the cost is $60k. I am having a hard time finding a loan company that will take on a small amount. Any suggestions on loan companies that might deal with low price poin...
Hello Everybody!
My name is Keefe Shanahan and I am a Senior Loan Advisor at apartmentloanbiz.com. I'm here to help investors, real estate agents, & residential loan officers by extending advice and service in a...
I was just thinking about something. What would it take to convert your properties into a REIT? Seems like a cool idea to me. Turn your empire public - sell shares - get financing to grow. Although you lose in som...
Hello there. There isn't much inventory out there, but I'm sure I could find 2-3 decent properties to buy each month. Would you buy these properties cash if you had it or would you finance so you have cash freed up ...
We're about to refinance 1 commercial properties (2 med offices/ 1 church & med office on a lot). We basically want to take advantage of the low rates, but also one will balloon/ expire in a few years.
I was wond...
Along the same lines-- we're facing the same Fan/Fred limits...does anyone have any thoughts on how we might either roll our current mortgages up into one loan, or, how we might get a larger, fixed term, fixed rate lo...
Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...