I am trying to understand the mechanics/math behind a CMBS loan assumption and the cash/equity needed from a buyer who would acquire the property and assume the loan.Example parameters below:Original Loan Bal...
Hi Where does anyone open their business bank checking account for your real estate business/LLC? Any recommendation?
A lot of people, particularly Students and people with lower credit scores look for a deal with utilities included. What are some of the benefits for a seller that includes Utilities and which utilities are the best o...
Hello All,I am currently planning a move to Chattanooga, TN, from South Korea. I am doing some "window shopping" on apartment complexes there. Below is a link to a listing for a 42 unit apartment complex with an optio...
Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
A family member of mine is getting up their in age and wants to transfer her investment property to us. She just doesn't have the will power to maintain it, deal with tenants etc. The mortgage does have existing ba...
Hey Everyone,I'm trying to find a DSCR lender that will work with low purchase prices. I'm purchasing in the tri-state area (WV/OH/KY), and I am able to find some great potential deals but many are too low in the loan...
Dilemma: I have $14k in a 401k that I want to use as Down Payment towards a house (This would be a investment property to rent out). Iv'e done the math, and I don't want to until until 63 to withdraw. I can get more ...
I’m a complete newbie to REI. This is actually my first post here on Bigger Pockets. I dabbled with the idea of REI earlier in life (I’m currently 39), however, I received mediocre advice and I just wasn’t hungry enou...
Hi everyone! I'm a newbie and I'm analyzing a 10-unit property to buy and hold. Based on my analysis, the recommended Purchase price is coming up way lower than the asking price. Am I doing something wrong? Below are ...