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Does anyone have experience with a commercial loan and buying apartments that have more than 4 units? How much money (what percent) do you need to put down for a commercial loan? Just wondering if I need to save...
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I just had new tenants (a group of guys in their 20s) move into a 4-bedroom unit. One of them, who is a contractor by trade, asked if he could install an interior door because it would make the layout of the apartment...
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Hi there,I am refinancing a cash purchase after 6 months. The lender is asking questions about transfers between accounts and 2 year records for others. I don’t recall having to do all this work last time I refinanc...
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Hello all! This may sound like an ignorant question, and it is!, but I'm wondering your thoughts.What is the benefit of using private money (say grandma's money) as opposed to hard money, if I am still paying the same...
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Below is detail on a property in Niagara County , NY. I analyzed this property earlier this year and just closed on the deal last month. I have some lessons learned including the expectation that I was not as conserva...
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Hello, Chris here! I am located in beautiful Denver Colorado. Applying the mindset of Elon Musk himself, I am looking to take my 5 year plan and achieve it in 1. My 5 year plan was to go full time in Real Estate inves...
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Hi everyone,Hope you are doing well!I am a residential real estate investor based in San Francisco. With BP's inspiration and guidance, I have done a few deals by myself and partnerships in the residential market with...
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Greetings!
I would love to hear some general & personal advice on analyzing a multi family property. Specifically, in this case, a quadplex. I have been doing my research through readings & the BP podcast. ...
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Hi,
My wife and I are currently shopping the market for a primary residence that we could add value to and then later cash out refinance as well as finding a lender to help us accomplish this. I have run into DTI iss...
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So I don’t really think I want to own my own home just yet. But I really want to get involved in real estate . Can i hear some pros in cons about this situation? I don’t want to buy a rental home and then not be able ...