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We qualified for our 4th investment property loan as individuals. The 4-plex that we want to buy also qualified for a commercial loan, under the name of our LLC. Isn't this what we have been working towards? The term...
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Good Morning! I am an aspiring multifamily Investor from Brooklyn, NY. I currently work in the multifamily lending industry. I have been very fascinated with coming to the investment side and have been soaking up know...
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I spoke to a local community bank officer to get a loan under my name . He said they will lend only to LLC under commercial loan to fund even a SFR or a Condo ?? I thought they prefer to loan to individuals instead to...
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Hello BP!I am reviewing a potential passive investment in a larger apartment syndication and have a few questions for the experts. The project is 60 units B-class condominium (built around 1984, located in one of DFW ...
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I've got a great tenant and would like their security deposit to earn them as much interest as possible. The problem I'm encountering is most of the high yield (> 4.00%) savings accounts I've looked into don't seem...
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Hello All, I am looking at purchasing a quad-plex in Traverse City and I was wondering if anyone could suggest the following:Property ManagersUtility Division Companies (ie. - 3rd party vendors that would individually...
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Anyone experienced selling off a portfolio of rentals? Wondering how you marketed, who you sought out, how you worked with realtors, etc.Thanks in Advance! I'm in the Lubbock, TX Market.
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Would like to improve cash flow on 5 SFR, thanks for help.
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Guys, we are having trouble getting deals. Are you finding stuff?Last week we competed on 150+ units. We had known from the get-go that it was part of a portfolio, but we were hoping, based on broker guidance, that th...
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Hey BP community! Hope all is well. I am in need of some help from anybody who would listen. I need funding for some deals. I found that when I have all the tools that I need in my toolbox and it is time to make my of...