Cailyn C.
How much down is needed for commercial $1m-$5m transaction?
Hello investors, what do banks ask for nowadays when Lending to purchase multiunits these days?I hear 15%, 20%, 25%, and if so what does it depend on? Any preference to go with small or bigger banks? Thank you in adva...
Mark Hart
FedEx Major Investment Programs Will Be A Boost Memphis Economy
Memphis-based FedEx Corp. announced three “major programs” that would total more than $3.2 billion in investments as a result of The U.S. Tax Cuts and Jobs act.According to the Memphis Business Journal These programs ...
Puneet S. Braich
Brownfield Clean up project?
Anyone have experience dealing with the Brownfield Clean up program? The gist is certain properties are deemed contaminated by the EPA (or an environmental report) and the government has programs that will clean them...
Tyler Turpin
FHA Eligibility Question (just brainstorming)
I have an FHA loan on one property. I have lived in it for more than one year so I can move legally.
Would it possible for my wife to take out another FHA loan to purchase another multifamily? Is it more like 1 loan...
Yen Yen To
Seeking Advice on Pursuing a Career in Home Loans
I'm seeking advice on pursuing a career relating to home loans. The titles of job positions in this area that appeal to me are: processor, auditor, underwriter, closing coordinator, closing facilitator, credit analyst...
Andrew Chung
Building Low-Income condominium?
If there are low-income housing for apartments and homes, is it possible to build a low-income condo with 20+ units (studio sized) and sell them to qualified low-income families or individuals? Does Sec 8 or anything ...
Mario F.
1800remodel.com - is this a legit government renovation loan?
Hello, I just received a call from a 1800remodel.com rep about a government loan program they offer to homeowners like myself in certain areas who are looking to renovate. I purchased my first fourplex in Inglewood C...
Michael Trueba
New member In Boise, Idaho
I’m a new member to BP from Boise, ID. I have been in the banking industry, mainly commercial lending, for the last 15 years. I am ready to build my own financial freedom and am focusing on multifamily properties wi...
Jessica Price
Investing/ leasing to Section 8
Hello all! Does anyone have any recent experience with leasing to section 8 tenants, specifically in Alabama? I'd love to connect!
Jon-Paul Bird
Section 8
Hi Bigger-pockets peeps:There is a multi-unit property that I am looking to buy. I found out today that the property has Section 8 tenants. I've never dealt with section 8 before. Any horror stories, pitfalls, pain in...