Sefa Demirtas
Low downpayment for investment properties?
Hi all,I am looking for investment properties in Greater Boston area. Before the pandemic hit, I was able to find lenders that would offer 20% down for investment properties. Today, I can only find 25% down options. T...
Daniel Purcell
New Orleans STR Rules - Simplified (Residential Version)
Hey fellow BP'ers,So I've been getting PM's about the new rules and though I would post since there is a common theme: What the heck are the actual rules?The first thing that us non-lawyers need to understand is that ...
Josh Sullivan
First Time Syndication
My partner and I are putting together our first syndication deal. Any advice on what investors are looking for in Syndicated deals? Also, any suggestions on where to look for accredited investors?
Jared K.
Purchasing Multi and need to take parking from another tenant
In the process of purchasing a 3 family owner occupied property in Massachusetts. I will be living on the first floor taking over that unit from the current owner. However, since the owner didn't have a car, she inc...
Ben Walker
Syndication for the millennial investor
Our investment group owns 10 multi-family properties and about 800 units. We have raised capital for 2 deals thus far from a trusted network of mostly baby-boomers and wealthy family friends.
I am trying to put toge...
Derrick Lu
New Apartment Construction
Anyone here have experience building new multi families or apartment buildings? Is it better to buy an existing than creating a new one? It seems buying is the way to go since you have a trailing 12. The reason I'm...
Hemang S.
Rezoning to Add a Unit
Hi all. I am under contract on a Chicago property that has 3 cashflowing units but the zoning cert says it is only a 2-unit + commercial space (which has been turned into a 3rd unit. It is zoned RT-4). I am wondering ...
Stephanie Lella
Rehab loans when you own house free and clear?- Westhampton NY
Hi BP,To make a very long story short… I have the opportunity to take ownership of my mother's house and have the house free and clear; it's completely paid off. It is a single story ranch, 3 bedroom with full baseme...
Keegan Mattick
Finance approval, shop around or use your current bank?
So I'm almost ready when it comes to credit to start making things happen. I have a good amount of savings, $15k, always adding to it. I'm looking to get a multifamily duplex or fourplex. Is someone more likely to ...
Mike Evans
Networking with other investors to raise capital
I live in West Texas and I'm looking to purchase my first cash flowing multifamily property in Midland/Ector county within the next few months. I have identified and I'm working on putting a contract on an 80 unit pro...