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I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
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Hi BP! I was doing research on the BRRR Strategy and I got stuck on the Refinance part. I've been reading around for information on different types of loans and refinancing and I know that most types require a seasoni...
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Hi, I have an offer on a property that is $700k, projecting 15% COC $2-3k/mo cashflow (conservatively). Strategy STR.Problem is I don’t qualify for conventional lending due to my DTI ratio and current DSCR quotes are ...
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What does a lender typically require in terms of issuing a mortgage loan to a newer LLC for its first property purchase? if it matters, this would be for state of Nevada or Arizona.Thank you
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Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...
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We have our first offer in and it has been accepted. I have been shopping insurance for over a month. I had General Liability, Builders Risk and am waiting on Flood Ins. to be added. It is higher than we originally bu...
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I am new to real estate investing and am looking for a partner to help me out in the nashville area! please message and I can inform you with the numbers! I am looking to just network myself and want to make some cont...
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Hello, I'm marketing to absentee owners and had a question. If a seller has a loan on the propoerty is my only choice to offer a "subject to" offer? Or, can I offer a land contract as well? Of course I can offer all...
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My tenants' lease ends Aug 31, and although they pay on time and take care of the house, they have been high maintenance, literally, from day one, and their usage of heat and water is much higher as well. The cost of ...
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Greetings BP Community,
I'm an avid Real Estate investor alongside my role as a W2 employee, and I'm currently seeking a financial advisor, preferably one who operates on a fee-only basis. My aim is to develop a ...