Fannie Mae announced a record year for its small mutlifamily program ( 5+ units). Freddie Mac had an equally succesful year.These programs are geared to experienced real estate owner/landlords. ( Single family experie...
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hello all, I am looking at buying a commercial property in Michigan. This 4+ residentialnuthas great cash flow with low operating costs. A couple issues I'm coming across are: I've never done a commercial loan and a...
Does anyone have experience with out of country cosigner?I have a prospective applicant who is interested in filling out application. So far they have seen pictures and recorded video of the place. Unit will be rented...
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Do you want to gain a competitive edge and secure better terms? Leverage your findings from due diligence. Here's why this is so important for negotiation and decision-making.
First, understand the seller's professio...
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Hello, I need help figuring out how to do this the best way without title, legal, or financial trouble.
We've negotiated a deal with a seller (who we know) that we'll buy his house for $345k in 3-6 months after we're...
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I've come across an off market 30+ unit apartment complex. My question is how should I approach negotiations when I'm speaking with the family directly? The details are outlined below.It is currently owned by a group ...
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I'm currently managing our properties (about 50 doors) through my own created system between Google and Quickbooks. But as we are looking to add more employees to our team and expand our doors I'm looking into the bes...
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Hello, So I'm starting to analyze deals in the Chattanooga TN, and Nashville TN area for SFR's and small multifamily (2-4) units. My question is if the locals on here have any advice for typical expense figures you ar...
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Hello everyone! My question is about rental income and taxes. My tenant just moved in on October 1st and I want to be sure I am keeping all of the appropriate records for tax purposes. What records should I be keeping...
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Hi BP,
10 acres Commercial property for sale, foreclosed on about 4 years ago, now owned by out of state investment company. Property has been for sale for 2 years now with a price reduction every few month...