Aaron Friberg
Next Steps for Property Development Project in San Diego
Hello All, We own a large lot in Hillcrest that currently has 4 units(1 building). Next step is to develop the property, but need to figure out whether it's better to add a couple ADUs or tear down and put up an apart...
Jason Lau
New from Toronto looking for cash flowing multi unit properties?
Hi I’m a real estate agent and developer in the Toronto area looking for cash flowing multi unit properties in the GTA or outside (Waterloo, Hamilton, London)I look forward to networking and meeting with like minded p...
Joshua R.
Creative financing for Multifamily
Hey BP,
I’m looking into purchasing a 33-unit MF. The owner only wants a cash purchase. HM lenders want more down than I can afford. The owner also doesn’t want to do owner financing for some of the down payment. Any...
Carl Schmitt
Check my numbers..
I've run the numbers several times, changing different sections to see how it would affect the deal. I just want to get everyone's input on it. If it were you, would you buy it?
So here's the details.
6 unit build...
Chad Lamb
Syndications "adding value" seems more like lipstick
Hey all, sorry about this clickbait title but I have been looking through quite a few syndications deals to passively invest in. I'm new to this and I'm trying to understand the risks. To me, when you say "value add" ...
N Wilson
Just accepted the counter offer, What next?
We are new investors, just starting out. We were pre approved for a commercial loan, but should we try for conventional? Or something else? We paid off the conventional loan on our primary residence a few years ago,...
Patrick Mulligan
Need advice on 2 possible lending scenarios for 2-4 unit property
Hello,I have 2 scenario's I need advice/guidance on regarding financing a 2-4 unit income property. Thanks in advance!---------------------------------------------------------------Scenario #1: 65 y/o retiree. Owns a ...
Bryan Hancock
Take-Out Condo Financing - 50% Pre-Sold Required?
I am looking at building 8 condos in Austin. The plans and specs are done from a project that got dropped post credit bust. I spoke with our commercial lender about this today and he is checking on take-out financin...
Shanea Fulks
Can you House-Hack a Multi-Family?
We had one of our investors back out of a Multi-Family Building (6 Units) we are trying to purchase,,, Is there a commercial loan that would allow us to rent our Primary and move into one of the apartments as a primar...
Stephen Underhill
Converting a 5plex down to a 4, a good idea?
hey everybody, i saw a property that just popped up locally and i wanted to get some feedback, but first off, im not looking for so much details just yet, as much as concept. (numbers would come later if positive c...