Brian Ashby
Residential or Commercial appraisal for small multifamily?
I have brrrr'd two duplexes from full gut renovation to above rental grade finish apartments. We have received unfavorable commercial appraisals on the refinance compared to what similar properties are selling fo...
Robert Granara
transferring property to LLC and personal guarantee
I am trying to find out if I can transfer property to an LLC for the purpose of lowering my DTI and lowering my debt on my personal credit report...And if the bank asks for a personal guarentee will that show on my cr...
Robert D.
roof or no roof ?
Looks like the part of the roof is either missing or there are 2 different kinds of roofing material used ? The house is 1920 frame. There is definitely some water damage inside ..floors are a little buckled ..drop...
Jeremiah Green
My First Deal - Financing Options?
Hi BiggerPockets Community! My wife and I have decided that real estate investing is going to be the wealth building avenue for our future. We are ready to purchase a duplex or triplex in the Midwest but need advise o...
Nicholas J.
Commercial loan advice
I’ve been calling around and talking to different local community banks about obtaining a commercial loan for a multi family purchase, and ran across a bank that only requires 10% down. Obviously numbers on a purchas...
Richard G.
Learning the "ropes"
Hey BP!Who is better prepared to become real estate investor - an experienced Property Manager OR an experienced Commercial Real Estate Broker?Thanks all!
Jesse Swagerty
Budgeting for “Whole-tale”
I’m a house flipper, but we’ve recently started using the whole-tale strategy, meaning we only clean the house and repair damage...no updates...then list below market.I’m finding my project budget falling around $5/sf...
Chris R.
Recent acquisition of a 112 unit value-add multifamily building.
Investment Info:
Large multi-family (5+ units) commercial investment investment in Savannah.
Purchase price: $3,875,000
Cash invested: $2,130,000
Sale price: $5,200,000
The Tristan Townhomes cons...
Robert Smith
AirBNB financing for 8-plex (commercial property)
I'm considering purchasing an 8-plex which is currently long-term rentals. I'd want to convert some of the units to short-term rentals. Does anyone have tips for financing? Specifically, how it'll be to refinance it i...
Matthew Pagos
Newport condo cash purchase
Investment Info:
Condo fix & flip investment in Newport.
Purchase price: $60,000
Cash invested: $65,000
Sale price: $165,000
This was our first cash purchase. It was a bank owned condo with a...