Hi everyone, I have located a multi-family in Hartford that I am looking to purchase and rent, and then refinance. My goal is to have the property rehabbed and rented in 3-4 months. Does anyone have experience with ...
I am in the process of selling a commercial retail property which should net me about $2.3M or so. Have been looking at hotels (or larger multi-family) as the next move. I've owned a bar/restaurant in the past as we...
Hi everyone! I am looking to buy 8 units between 3 houses, all side by side. I have never done a commercial loan, so I’m wondering if this would qualify and what a typical loan might look like or require for this type...
Hey everyone, I'm new here and looking forward to connecting about real estate investing. My partner and I are in the process of buying a 12-unit multi-family building in the West Chicagoland area for $700,000.
The ...
Hi! I have a rental house that is owned by an LLC. I was told by one bank that I would have to get a commercial loan because the house is owned by an entity, and not a person. How do commercial mortgage loans compare ...
I am a newbie to multifamily investments. When looking for descriptions of properties I see the below and need help to understand pros and cons of the following,
- Long term renters vs Short term renters
- 4 family ...
Looking for ideas to market furnished longer short-term rentals? Want to target families in town for medical reasons, executives, in transiton homebuyers, etc. Any ideas would be much appreciated. Have a great tuesday!
What is a typical realtor/agent fee/percentage for finding a tenant for a commercial space? Right now I am seeing 5% of the total lease agreement, is this typical?
What do private loan contracts typically look like for a standard loan? Terms? Length? Interest?
Hi,I have owned a triplex insince 2009 and am looking to buy some SFR as buy and hold. My average expense for the five years have been 46% and just like @Brandon TurnerI was impressed by how close the this was close t...