Drew Lied
Newbie looking at a small apartment complex and the financing
Hey everyone,I'm evaluating a small apartment complex, over 4 units, less than 12 and was wondering about financing.Is this going to be difficult for me to get without any other deals done?What's the minimum down paym...
Jada Brown
Legit Private Lenders
It's been a nightmare trying to locate 100%, property funding. I have had several offers but then they turn into Demands, or asking me for money upfront. Am I asking the wrong thing? How can I quickly weed these out &...
David McBrayer
I need some advise on a HOA in FL
Hello and thank you for popping in to read my problem. I am an owner of a condo in Winter Haven, FL. It is a two story building with 6 condo's on the first floor and 6 on the 2nd floor. We have a laundry room with ...
Mark Grozen-Smith
Commercial Multifamily: What You Wish You Knew
Hey BP Friends,I'm an investor with a few duplex/triplexes, but this has all been residential. I'm now putting in an offer on an 8unit. I'm working with a commercial lender for this of course, but I don't yet know the...
Ondrej Gargula
Property Manager VS Self-Managing
Hi Biggerpocketers! I am very new here and also new to the whole Real Estate industry. I recently joined a property management agency as a licensed REALTOR and I have sooo many questions!In our portfolio, I see there ...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Joe Edwards-Hoff
First Small Apartmnet
So, my dad emailed me a link to a Craigslist ad for a local multifamily for sale. We live in a small town of 12k people. All this said, I don't know how serious he thought I'd take it, but it has got me thinking. We o...
Bob Smith
Looking for virtual assistant help - bookkeeping and PM review
Own about 30 doors with a few different property managers. I work full time and don't have time to really review the property managers. Was thinking about hiring a VA who can review the PM expense reports and also com...
Brett Pirie
Business plan helpful for getting commercial loan?
Would writing a business plan with detailed financials help in getting a commercial loan? We are just staring out and much of the smart advice is to start out with a smaller property before moving on to multi-family....
Adam Gregory
How to Fund 60 unit apartment acquisition with Zero funds
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...