so the 1st house i got in the name of my LLC and it has clear title now, and i'm looking at a money making duplex. i paid 10k for the 1st one, and it could appraise for about 40k. i'm living in it so i could save mone...
I am looking for out of state MF or small apartment complexes. My question is what are my options for financing such commercial properties?Do people have success going to a small local-to-property bank to get financin...
Seems like one of the challenges for mobile home parks is commercial financing. On the BP podcast, they talked about using FNMA or mortgage backed security loans to buy mobile home parks at better rates and with more ...
Thanks to everyone who responded before, this forum is so great. I'm a first time landlord, I rent out half of my house. I'm trying to find out my depreciation number and more questions have come up. I understand I c...
I've been lurking here for the past couple of months off and on as my desire to get into REI just keeps getting larger and larger. I finally took the plunge and signed up this morning and wanted to run my base plan b...
Im trying to execute my first commercial deal (currently own 23 residential doors) on a 6 unit apartment in Illinois. It's feeling near impossible to find funding as nearly all of the lenders I've called either requi...
Does anyone else have outstanding loans from Patch of Land? I have 7 loans that have yet to pay off and Patch of Land stopped sending updates in August and no longer answers questions on their help desk or by phone. ...
I know FHA/203k loans have limits based on your geographic county as well as the number of units involved, but do those loan limits for a multi-family property depend on the number of units being bought or the number ...
I have a fully rehabbed property in the Penn Hills area that I am trying to get a cash out refinance for. Asking $75k, expected appraised value is ~ $170k.The house is currently rented for 1800 a month on section 8 so...
Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...