My current rentals are all SFH with only one of them having a mortgage. MY plan was to continue with SFH until I stumbled across a 14 until (7 duplexes) for sale that looks promising. But that's the sticky point, it...
Good Morning, Folks -Looking to see if anyone's willing to talk about how they got their foot in the door financing their first apartment building. I am a new investor (bought my first SFR in July) and am starting to ...
Hi, I am trying to buy my 5th home (existing 1 - primary, 3 other investment). I am aware that Fannie Mae has reserve requirements for home 5- 10 and in my case I have to show six months of reserve for all 2nd -5th h...
I have only looked into residential financing (4 units or less) and am familiar with the requirements. Debt to income ratio is pretty much killing that type of financing for me for a while, even with a big down paymen...
Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...
Its about time!
http://www.azcentral.com/arizonarepublic/business/articles/2011/03/16/20110316biz-fbiraid0316.html
Hi BiggerPockets heros. A friend found a 22 apartment complex in Idaho where the owner is ready to retire. It is not on the market, and has signed an exclusive with my friend and given him 60 days to figure out finan...
Greetings ALL!Im a new investor looking to collect 70 commercial multifamily units!My question for you is: What are the qualifications that need to be met in order for a commercial multifamily loan to be granted? (I d...
Hi everyone,I'm interested in Multi-Family apartments in Grand Rapids area. I'm just curious the process of getting a commercial loan when using syndication. Having investors pool their money for the down payment and ...
Hey guys -
The original purpose of our influence system was to incentivize our members to become active, and to find a way to figure out who those members are that others deem to be influential, credible, and are ove...