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I recently discovered this platform and my wife and I are looking to purchase our first rental property? Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (...
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Hi all,I'm fairly new to MF/small apartments and have typically focused on smaller deals, 50 units or less. Recently however, I've been introduced to some much larger deals (100, 160...). I've been told that I may hav...
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Hello all,
I am working on a 30 unit multi family property in SLC, UT. Each unit is 900 sq ft, 2 bed 1 bath. Units are updated and about 40 years old. Vacancy has been almost 0 in the last 10 years. The ...
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I am in the early stages on evaluating some investment properties. I am currently a homeowner and this would not be an owner occupied home therefore I expect to put 20% down. To fund the 20% I'm considering all option...
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There are a lot of talk about investing in RE with little or no money of your own but I asked a few lenders and they tell me that most lenders do not allow you to take on a second loan on a commercial deal because the...
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Hello! My question is very location specific. I live in Columbus, OH. Where I plan to invest in my first multi home building. I will be seeking an fha 203k loan as I don’t have much liquid cash to get started. (Want t...
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Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...
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