I started investing in Cleveland last October and have closed on 5 rental properties, some of which are rehabbed, rented, and ready for refi. Trying to find some options that are not 'no doc 7-8%'. I have strong credi...
In position to pursue with the BRRRR method for a 4-6 unit within 2 hours from my current location and or a 30+ unit 8-10 hours away. Will the method work for a commercial unit such as 30 +?If so, any opinions shall I...
Investment Info:
Industrial commercial investment investment in Grand Haven.
Purchase price: $175,000
Cash invested: $35,000
Commercial space rented to one business while occupied by my business as w...
Hi everyone- I currently own 2 SFR's that I paid for in cash. My first purchase was a condo that I use as a STR in Branson, MO and my second is located in Cleveland that will be used as a LTR. I am looking into mult...
I'm new to the game and trying to run some numbers for some friends who are looking to start a new business.
I'm wondering what would be the best calculator to use.
I currently have 5 single family homes and I’m looking at a commercial building with 6 units and retail space/ opportunity on the main level. I have no experience in commercial real estate, can anyone recommend any bo...
I having a hard time with the lender I chose to use for a commercial refi and a portfolio loan. We started the application on Feb 14 and still do not have a closing date. How long does something like this usually take...
Many tenants have made it clear that they will not pay rent and understandably this will cause a major inconvenience to Landlords that have non government backed mortgages. These mortgages have no clause for forbearan...
Investment Info:
Retail buy & hold investment.
Purchase price: $335,000
Cash invested: $40,000
Closed on a Two tenant building on .85 acre corner lot with a partner.
What made you inter...
Hi BP,
A partner and I have locked in a 10 unit property. We have tried several banks so far and are unable to find an underwriter willing to give a 30 year commercial loan at this time due to COVID and the PPP lo...