Hello BP - We currently have a few small multifamily properties. We just went under contract for a new one; a 8-units.
One unit is vacant.
All rents are under market.
The current yearly gross for the 7 occupied ...
Looking for advice. Trying to find any kind of financing for a condo that has an HOA with 3 issues:
1) law suit: they state the law suit is complete and final documents have been sent to the county.
2) reserves: res...
Hi all,
New to the development game. I am hoping to get some direction on what sort of options exist for financing development. Terms, loan type, lenders etc. And, recommendations if anyone has any. Thanks in advance...
Hello All,I need some expert advice.
I am a rental property investor and I am looking to buy a 8 unit multifamily property in Michigan. I had approached the seller to owner finance the property and my terms where 80 ...
Hi Guys!I bought my first condo 2 years ago and it has appreciated quite a lot since. I am just getting my feet wet in terms of understanding investment property and I'm here to learn more but am rapidly beginning to ...
Good afternoon BiggerPockets community:First post ever and I'm looking for some advice. I have an owner-occupied two (2) unit and my tenant recently moved. I am looking to leverage some of the equity in the property t...
Hi Everyone!
We are looking to refi an investment property via delayed financing. Our property is based in Fort Lee, NJ and it is a co-op. Most conventional banks have not been able to offer cash-out refi so we are l...
Hello BP,
I am interested in a local duplex. Seller wants 245k and Ive tried to negotiate seller financing but there is a mortgage on the property. Im trying to avoid the initial 61k down payment traditional lenders...
Hello BP!This is finally my first post!!! I’m working on locking down my first deal. My current landlord is looking to sell me his home through seller finance. His main reason for holding the mortgage is because he wo...
What is everyone using for temporary bridge financing?IE you find a great deal, but the trick is the seller wants cash and quick. Looking for some suggestions on companies/private parties to checkout.Thanks