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Hello BP,I recently found an 8-plex property on the market and I'm wondering what the terms are for a commercial loan in order to get that property. So far I've been seeing 5-year terms, 20-year amortization, and belo...
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My husband and I are trying to learn more about our local market with respect to small and medium multifamily properties. Would anyone be able to shed some light on the following questions:1. What is local market CA...
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Hello all,If I were to consider house hacking in NYC, what type of cash flow do you believe I would be able to receive? Lets assume that I purchase a duplex for 300-400k in The Bronx or Brooklyn, make some cosmetic re...
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I have a condo I recently acquired that I own outright. I am wanting to pull cash out of it. My issue I am running into is I recently switched into real estate full time so I do not have a w2. My credit is good/excel...
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A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
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Looking for some advice and valuating a portfolio of single family and small multifamily (2-4 unit) properties. The portfolio consists of 65 properties making up 104 units. My experience is mainly in multifamily prope...
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I'm renting right now (1400/mo) and I want to transition into buying my first property. However, to buy/live in a home in a safe nabe may run me about 150K or more. I rather invest in less expensive homes as a newbi...
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Does anyone have a good recommendation for a Michigan based bank or credit union that does cash out refi on investment properties within 6 months of ownership (I.e. No seasoning period requirement)?I have a SF home in...
Hello friends, have a rental listing strategy question for you all. I’m currently under contract to purchase my second rental in a major university college town that has basically gone completely virtual for fall seme...