Ephryn Thompson
Help with purchasing first multi-family home
We are approved for $145K in the central Florida area and have been looking for a multi-family dwelling to purchase. We have been searching for several months and have been having little to no luck. We want to do an...
Account Closed
Cash Our Refinance on my duplex for $60k
Hello BP.I am in the process of Cash Out Refinance my duplex and Pull out around $60k. I am trying to use that money to invest more into multi-Family and would like to use it to it best. do you have any recommendatio...
Aaron Leger
Financing options - help!
Hi all,
Just flipped my second house in central mass and looking at multi units in Maine/Vermont/New Hampshire and looking to line up some financing. Have cash in bank and two successful flips under belt and no debt....
Jared Carpenter
I have set a goal to be involved in a MF acquisition by EOY.
Hello,My name is Jared Carpenter and I have set a goal for myself be involved in a multi-family acquisition by the end of the year. As I am new to this, I could thing of no better place to start than to involve myself...
Dustin Rand
Advice Needed On Property Purchase
Hello all,Myself and two of my friends and soon to be business partners are on the hunt to buy a building, possibly some land. We are each bringing $75K to the table and each of us has 10+ yrs in RE experience. I'm ...
Sam L.
The opposite of hard money lending!?
So, as I understand it, hard money is a good option for equity based deals where the borrower's credit & DTI may not be there.I am looking for a financing option that is basically for the opposite situation. Ther...
Kyle Cushing
Buying a Rental Property before Owning a Home to Live In
Hi BP community!
Debating whether to purchase a home (~$400k) for my fiancé and myself, living there for 5 years then turning it into a rental. The other option is to purchase an investment property (~$110k) that wo...
Weina Shi
Self Storage Financing Options
Dear fellow investors,I am buying a self storage facility and I am considering a few options. The facility has 200+ units of existing facility and a potential 500+ unit expansion plan. Option 1: CMBS 40% down payment,...
Christopher Veljkovic
How tough is to change a variance?
BP community!!
HAS ANYONE DEALT WITH THIS SITUATION??
HAS ANYONE HAVE EXPERIENCE CHANGING THE VARIANCE?
I’m checking out a small multi family home in Essex County NJ ( great neighborhood btw), which the second fl...
Thomas Ince
Commercial Loan Term
I'm looking to purchase a rental house near a college campus. The initial bank I spoke with said the maximum term would be 15 years. Is this the industry norm? I