My wife and I analyzed some small multi-family units and the numbers looked pretty good. A two unit and a four unit with a potential 45% cash on cash return and a duplex with a potential 36.5% cash on cash return. We ...
I just sent paperwork into the bank this week to get approved for a short sale on my house in Montana. I have had renters in the house for 2 years and they are very interested in buying the house. When should I noti...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1648219/small_1621514462-avatar-devinef.jpg?twic=v1/output=image&v=2)
Hello all, I’m working on purchasing my first rental and wanted to know what interest rates others were possibly getting during this time in the market. Don’t really feel mine is being justified at 4.75%. It is my fir...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/75262/small_1713386735-avatar-mreynolds.jpg?twic=v1/output=image&v=2)
Made an offer on a portfolio yesterday. It is 54 doors. It was accepted but they want proof of financing first. Then (and only then) they will release the tax returns and maintenance reports and allow me to inspect th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/555861/small_1621492497-avatar-bonafide.jpg?twic=v1/output=image&v=2)
First property and first mortgage, is 4.125 average or should I have shopped around? Shockingly, my lender quoted me the same rate for a 30yr fixed, due to some income based First Time Homebuyer incentives.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/415191/small_1621450139-avatar-robertm101.jpg?twic=v1/output=image&v=2)
I'm looking to purchase a deal with conventional financing (my first investment outside of my homestead). I have a deal I'm interested but in order to fully analyze it I need to know more about the interest rate and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1687134/small_1621514783-avatar-marquisw10.jpg?twic=v1/output=image&v=2)
Hello everyone!
I'm looking to finally start taking action towards my real estate investing career, while I save enough capital. I see a lot of different topics in regards to pre-approval, but I'm still not sure if I...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1155522/small_1621509678-avatar-clarencew16.jpg?twic=v1/output=image&v=2)
I recently closed a multi family refinance deal. As a retired person I didn’t have many financing options for a difficult commercial deal and had to pay higher financing costs. Other than having cash on hand and absen...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2330799/small_1694717084-avatar-claveln.jpg?twic=v1/output=image&v=2)
Hello guys, I'm trying to complete a pre-approval request for a multifamily. Full disclosure I don't have all the numbers. It's asking about potential rental income. Question: should I pinpoint the property before I c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/45811/small_1621408436-avatar-dogboy77.jpg?twic=v1/output=image&v=2)
Hello all,
There is a home in my neighborhood that has been forclosed and I think it would make a fantastic rental property. I contacted the listing agent (found this on the window of the house) and he said that the...