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When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
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hello everyone
I will like your opinion on this house I am interested in purchasing and rehabing and living in it. Okay here is what the property needs. New Kitchen, new carpet, new paint, new landscaping (front lawn...
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Hello all,I am under contract on my first SFH. I am buying a 2/1 1200 sq ft. I am planning on making this a rental. The current owner does not use it as a rental.It was not occupied when I looked at it but it was stag...
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Hi,So my friend's dad is building a ~600 sq ft ADU in southern California and on the drawings it says:"Per Title 24, the BTU/HR rating for the equipment are:Total water heater: 199.7K BTU/HRTotal heating equipment: 20...
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Hey yall, I found a great duplex in Indianapolis I'm looking to buy and hold. Just need some cosmetic updates. They are asking 109k and we are able to put down 25-30%. Our current lender will not loan due to the loan ...
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My partner and I live in a three family building in Chelsea Ma ( city right next to Boston ). All three units have a single small full bathroom with no windows. Two of the three units regularly deal with mold on the c...
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I have a multifamily complex of 16 units that I am considering purchasing. The complex is miles from a new development beginning construction. It is located in a city of 50,000 and there is a large scale project sc...
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I have a student housing unit by a university in North Carolina. I am looking to Refi the property and also acquire an additional unit. So I am looking for two loans. -the property is in a non warrantable condo comple...
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I want to send a few letters out to a few retail and big box stores for a piece of raw land that my office has for sale in my hometown. Not sure exactly what to say in the letter and what or what not to add as far as ...
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We are purchasing an REO for our first attempt at the BRRR method. It is a major fixer upper and our budget is squeaky tight to make it work. The AC unit is undersized at 2.5 tons for a 1800 sq ft home. It needs to be...