I’m looking to purchase a multi family property in Miami that is currently zoned and tenant occupied with 5 units. From a lending perspective a commercial loan requires a higher down payment, thus I would like to comb...
Hi there, I’m new to real estate world and I do have a full time and would to try real estate as a part time and see how things goes. Im kind of nervous to make this move, I’ve been watching lots of videos to have a b...
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
Hi Everyone,
My name is Nick Radloff, I recently graduated college and am currently living in Rochester MN. I don't have any properties due to being a broke college kid (I know that's not an excuse) but am looking t...
I'm currently refinancing a property that I bought on an interest only loan with a 3 year balloon. The appraisal came back considereably below the market value of the property. The appraiser used comps that don't matc...
Hello,
I have a deal for a 6 unit apartment with great cashflow. Just wanted to ask more experienced investors that if the bank will loan 75%~80% do they allow the seller carry back the remaining balance? Should I s...
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
I own a 5 unit plus a commercial on the same block & lot.I am behind on my payments Only 2 units are rented and the building is in need of some major masonry repairs & interior work. I cannot get a loan becaus...
Curious what is the best way to vest your first rental property, I believe this can be changed at a later time with an attorney but curious as a first rental is their any benefits one way or another on how this gets s...