Hello BP members,I am excited about offer getting accepted on our first MF Investment property in South TX market. Now comes the hard part, I am looking for a commercial loan with 20% down and 25-30 year term with 5% ...
Hi everyone,
I've been dealing only with resi deals and happened to be on craigslist the other day posting some of my rentals and came across a post. Called the guy and found out he has a a couple multi-family proper...
Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...
What would you do if you have home equaty in your primary house and want to use it to buy rental property for investment reason? How does equaty loan work today (for example if my home is worth $600,000 and I owe only...
Hi Folks,Any suggestions for commercial insurance in Kansas? I have a 12-plex and believe my current insurance is high. Would like to get quotes form other companies and shop around.Any suggestions would be appreciate...
I am new to BP and excited to learn and to help where I can! I am looking to finance a Multifamily project in Utah with 20 units with 20% down, good competitive rates and a bank that can close in less than the standa...
I am considering doing one of two things.
Option 1
Buy a multi unit house( probably 2 units) and live in one unit and rent out the other. With the mortgage I can get here I can pay as little as 5% down.( My broker a...
I'm new here --we bought a 5 unit rental property in Hillcrest (San Diego, CA) for $411k in 1999. It has a positive cash flow now as we've remodeled and raised rents over the years. I manage the property and we live n...
So apparently The Coke Can Multiplier is some sort of a hotel valuation technique that can drastically send the wrong message about the value of a property. Do hotel owners really use this to buy and sell property? Th...
I have used the website calculator to analyze the property, but I am struggling with the following questions:Typical Cap Rate for your Area (%)? I do not understand what this is asking.Struggling with predictive numbe...