Kyle Brodwater
Opening HELOC on Primary Residence for LLC financing.
Hello Everyone! Quick question. I just spoke to Navy Federal in regards to Opening a HELOC on my primary residence. Due to my current DTI it would be hard for me to get financed on another conventional mortgage. That ...
Brandon Chavis
Potential First Deal
Hello everyone!I am currently analyzing a deal and would love some feedback from someone with a bit more experience. Thanks in advance to all those that help!!DuplexListed @ 129,000Agent thinks we can get the propert...
N.A N.A.
Is this fraud and/or common practice?
Is it common for bankers to make loans, for themselves, in someone else's name? Utilizing the funds personally?
Ricardo Sancez
How to convert single HVAC in a multi family to individual units
Hello BP Members,
I am evaluating a deal for 10 unit building. The building has single water heater and single heating units with outlets to all the 10 units. Currently, the owner pays for hot water and heating. I wo...
Eliana F.
These Numbers Are Amazing. Am I Doing Something Wrong?
Needing a second pair of eyes on this deal analysis!I am in the market for my first deal and will be occupying one unit for a year or two to start. My goal is to buy and hold, and to cash flow even just a modest amoun...
Dave A.
Feedback on numbers for 8 unit CT multi-family?
Hi All,After a couple years of research, I'm finally comfortable that I've found my preferred niche' in commercial multi-family and I'm ready to make my first purchase. Big problem: no multi-family in my area and low ...
Christopher Forero
Pulled trigger - Under Contract on 2 Flat w/ Finished Basement
Signed on the dotted line for a Brick 2 Flat w/ a 2/3rd finished basement in North Chicago @ $375-400k (FHA).Property has been family owned and looks well taken care of.- 2nd Story: 2/1 - Nicest finishes, only missing...
Ali Samana
Buy & Hold property analysis
Hello,
I am not into buy and hold, but would like to get into it. Knowing that, I had a realtor call me about a possible deal he considers a good cash flow property. Here is the broad (numbers) overview.
The prope...
Stephanie Szeto
Some house-hacking questions
1. How do people deal with communal furniture in a house-hacking set-up? Does the owner always buy all the communal furniture?
2. When it comes to utilities / wifi / etc, do you still charge separately for it all or...
Dexter Morris
Purchasing commercial real estate in Atlanta,GA
Hey guys, so I need some advice. My wife is an attorney and works from her office in our house in Atlanta,GA. We have discussed what we would do when she out grows our house and we have decided that before the year is...