Ashley Pimsner
Advice on selling a free and clear property
Hello BP nation, I need some advice about selling a free and clear condo that is currently listed for 140k which is about 20k below fmr because of some deferred maintenance. I had it rented for 3 years for 1200 mth, a...
James Bitakis
What are some ways to find private investors for multi-unit blds.
I have been reading "How to make Big Money in Small Apartments" by Lance A. Edward and foreword by Ron Legrand. I am pumped to buy small 5+ unit buildings. It seems to me that unless you buy buildings with a minimum...
Audrey Thiault
financing downpayment on residence with basement rental unit
My husband and I are under contract for this home in Decatur, GA, way below market, ($285K) includes independent basement rental with lease through December. Need to finance up to $70K downpayment. In qualifying for...
Miguel Torres
Residential used as commercial
I am interested in purchasing a property in PA. It is zoned as residential with special use designation (Used as an office). I called my lender and wanted to put 50% down and finance the other 50%. all was well until ...
Jared Siddle
LLC or to own properties in your name
Is it best to own the properties in your own name and then have an LLC or other tax structure rent them out or just have the LLC own and manage everything, therefore, limiting any liability to you personally? Are ther...
Grant Amsberry
25% down on my first rental property
I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
David S.
Can I convert a 6-plex to 4-plex to get a loan easier?
Hey guys so there is a 6 plex for sale for a good price. I ran the numbers and they seem to work great. The problem is that from what I understand It is more difficult to get financing for a 6 plex because It requires...
Kris Reeves
Have any of you used Connectedinvestors.com?
Hey guys,
I came across Connectedinvestors.com today, and was wondering if any of you have used them for lending or financing any deals? Seems to be a pretty straightforward site and process, and it looks like they h...
Lauren Norman
How to house hack a MF home using an FHA
Hi! I've been reading a lot on BPP for the last 6 months now and am finally getting to looking at properties! I'm currently looking at some MF in the Hudson Valley and want to finance it with FHA, as it would be my pr...
Zachary Watson
About to Close on Multi-fam, what next?
My wife and I are about to close on a three family in Massachusetts, we are going to be renovating two of the floors for a higher rental, what do we do next, we we don't have much cash now that it is in the house or i...