Kris Reeves
Building a SFR portfolio from(almost) scratch
So here is the question: if you were looking to build a portfolio of 50-100 SFR, you have 2 great W2 incomes, perfect credit, and $50k to start it with, where do you begin? Do you build slowly, and start with 1, tradi...
A.J. Chesney
what would be typical terms for a commercial loan on a 8 plex?
"8 Plex. Each Unit Is 1 Bd, 1ba That Rents For $650 A Month. Wood Floors Throughout. Utilities Are Separately Metered. Owner Furnishes A Washer And Dryer For The Use Of All The Tenants. Gated Parking Lot With 8 Sp...
Chris D.
Raising Capital for a 100 unit complex, confused on something....
ok, so i am a little confused on this raising capital for a down payment, maybe someone can explain it to me how it works. There is a 100 unit apartment complex for 6 million. I would have to put down 25%, so I would ...
Chad Smith
First Time Investors, Don't Know How to go About This
Like the title says, my wife and I are first time investors and have never purchased a home let alone invested in multi-family. I've watched dozens of the Bigger Pockets Podcasts and I have gained a ton of knowledge b...
Jaston Robinson
Need guidance with seller financing on a commercial property
Hello BP I recently came across a lead in Central Falls, Rhode Island. This deal is two 3 families on one lot (Cant NOT subdivide). These buildings are completely paid off & have been in the seller's family for al...
Nathan Harden
Commercial Lender Needed
Hey BP!I have 3 SF properties in my portfolio. I am looking to do my first refi (woot woot)! I am running into brick wall after brick wall.Here is my situation. I own 3 properties in Canton Ohio, I currently live In W...
Hyeseong Park
No prepayment penalty vs 3 yrs vs 5 yrs for current market
What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...
Daniel Sisto
BRRR & Refinance (Cash Out) Exit Strategy
So I purchased a SFR about 3 weeks ago and the renovation process has been underway for about that same time. Along the way we have come along some unforeseen costs that will force us to eliminate some of the design w...
Paden Anderson
Snow balling VS 15 year notes on rentals
Snow balling vs 15 year notes on rental properties....? Have any of you ran the numbers to see which is a better strategy on paying down the loans on your properties? We currently have 2 rental properties, one a 4 pl...
Alex Ng
Handling the Risk and debt
Hi, I've recently bought one property and under contract for my second one. It's been a wild journey, learning as much as I can. As you scale more and have more properties, you also incur more debt. For people who own...