My wife and I own a small business and rent a store front in our town. We were approached by our landlord with an offer to buy his property. The property includes 4 store fronts, including ours and 6 apartments above ...
Me (and wife) are from Tennessee. My brother and his wife are from California. WE are planning on buying our first single family rental property in Tn. I and my family will be the first "tenants" for the property. Ou...
As the title suggests, I can already admit to mistakes for this deal. What I need help with is how to pivot. In March 2022 we bought a 4bd home in Montgomery TX (about 45 min north of Houston). My wife wanted an STR a...
Hello, I’m looking to start wholesaling to try raising money faster to buy my first multifamily property. I don’t want to work as agent that’s why I find if I sell just one or two properties as wholesale I will have t...
How do you evaluate the cap rate of a market? How do you adjust the market cap rate based upon the asset class?
For example:
The market cap of the Orlando MSA according to the National Association of Realtors is 4.5...
Planning to refinance primary residence, what options would be better in terms of low closing cost and optimal fee (if any)how much closing cost, hidden fee and other fees differs between no name lender VS big lenders...
Greetings Bigger Pockets community, I have a couple of questions: My father in law paid yesterday his mortgage $1663.96, $29 went to the principal the rest are interest, his credit is 650 and he is not too sure abou...
The November 2022 report from the Austin Board of Realtors shows the Austin metro market continuing to cool in response to high inflation, mortgage interest rates around 7%, and a possible recession in the US. Overall...
Price: $15,500,000
No. Units: 71
Building Size: 54,454 SF
Price/Unit: $219,014
Property Type: Multifamily
Property Sub-type: Mid/High Rise
Property Use Type: Investment
Cap Rate: 5.03%
Gross Rent Multiplier: 1...
Can anyone advise in how to go about finding a commercial loan 6+ unit buildings? I'm currently looking at few properties that are between 6 to 10 units and Price range between 250k to 900k in Connecticut ( east hartf...