Corey Perdue
Taking The Leap Into Commercial (Funds)
Good morning BP world!I am seeking some advice from people much smarter than me, I believe I have come to the right place.I have been in the REI world for a while(mostly SFH BRRRR investing) and was looking to make a ...
Dennis King
Rates Going Up - What is your long term strategy?
Since the Feds tipped their hat and are planning on three 1/4% rate increases in 2017, how are you going to lock in rates for longer than 5 or 10 years on a commercial loan for a SFR rental? I am just about tapped out...
Adam Tafel
Best Umbrella Policy for SF STR?
What does everyone use for liability insurance? I assume Airbnb's "$1,000,000 liability policy" is complete BS, considering I can't even retain a $500 security deposit. I think I'm decently protected, but wondering wh...
Austin Steed
Fannie Freddy Vs Commercial Banks
The Fed raises rates by a quarter of a point but then Fannie Freddy raise their rates by roughly 2%. What I'm seeing, 6 months ago I locked in a 2.75% VA interest rate on a duplex in Columbus OH. I just got a VA clien...
Navroze Pirza
Evicting a Garage Tenant
Need some advice....I bought an apartment building in Ontario a while back, which had a large external garage. The garage was rented out to a tenant, who I kept on.I increased the rent, and while the garage tenant re...
Casey Walker
Fixed for 5 years than ARM
Refinancing a commercial property and the bank is saying because it is zoned commercial and has a large garage in addition to the duplex that I have to use a commercial loan. 5 years fixed at 4% then adjustable to t...
Bienes Raices
What is the benefit of a collateral loan (i.e. "CD loan")?
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
Lana Lee
Creative use of CMX-2 duplex & is a balcony a liability?
Closing on a CMX-2 zoned duplex in Philadelphia soon. It has 2 residential apartments and 2 very large rooms with locks in a basement. Would like to know what can we do with this space in the basement? How do we adver...
Gavin Wright
negotiating terms for a commercial lease
Hey Guys,Looking for suggestions from commercial property owners or comm. property managers on how they would like terms presented.We are coming up on renewal for our commercial lease and our current term is 3yrs. ...
Johann Jells
Commercial property insurance cancelled for ivy on building?
Our insurer for an urban, commercial multifamily inspected our property and sent a cancellation notice pending correction of a laundry list of BS, including a sidewalk with a 1" max lip and Virginia Creeper on the sid...