We plan to build an ADU on a property currently occupied by a tenant. The property currently has 2 single family homes on it but is technically multi-unit since the two residences are on the same parcel (and therefor...
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Good Morning Everyone!I am having trouble finding anyone that will loan on a mixed-use commercial property I own. The downstairs is an operating Barber Shop with a lease and I want to finish the upstairs 2 apartments....
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Anyone have recent experience on how an ADU (accessory dwelling unit) or backhouse is valued these days relative to the main house?For example, say if you have a house that is 1500sf and it would normally sell for $50...
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It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turn...
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There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...
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Looking for some strategy recommendations.
Currently own a home that I owe less than half its value. ~300k, valued at 725k in current market.
My goals are: relocate to another state and buy a new home; buy our firs...
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Hello fellow BPers, We are ready to market our second investment property and wanted to make sure we updated our application form. I've made some changes but wondered if there was anything else I should ask in an appl...
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A single family house. The owner died without a Will and their five children inherited to the house.
ARV of maybe $75K Will require about $30K rehab.
Originally the five owners "just-wanted-out" and f...
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I am at the beginning stages to take my idea of a 506(b) or 506(c) fund and make it a reality. Who(specific person or position) would you recommend I add to a team to acquire Commercial Real Estate Properties that ar...
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Long story short, I have 3 properties in my own personal name: Small multi-family properties (a 4 unit and detached garage bank, another 4 unit, and a 3 unit) that I had residential HELOCs on in the second position, w...