Mike Day
Financing with LLCs and DTI
Hi all. I'm a serial BRR-er and have recently hit a wall acquiring more properties because each additional one increases DTI above the level banks will accept--even though the properties cashflow. So it appears that t...
Ben Tiggelaar
Financing an office building through a CMBS or non-recourse loan?
I'm seeking to acquire a 9% cap rate office building with solid, long-term tenants in a great location. I'm putting together the financing now. Where is the best place to find a Commercial Mortgage Backed Security (CM...
Tyler H.
How do I "capture" the equity in a purchase to use towards LTV?
For all you investors that pick up property below "market value"... Is there a way to PURCHASE an apartment and utilize that "equity" as part of my down payment?EASY EXAMPLE. REO Apartment that APPRAISES for 1MI acqui...
Michael Botha
Tax incentives for investements agriculture vs multi family
We are interested in diversifying our investments and investing in the live animal production agricultural sector in MT and or surrounding states. We are presently considering cow/calf live stock production with the ...
Robert Lilly
Multifamily investment for dummies
Hello world. I'm Rob from Harlem. I've been renting all of my adult life. I'm interested in investing in perhaps a multi-family dwelling in an effort to leave the renters world and also generate some income.
Mike G.
HML or conventional? Pros N Cons....help
Hi there here is my situation I wanted to run by any mortgage industry pros and figure out how I can get loans and acquire more multifamily rental properties.
I currently have a FHA loan on a 4 plex. Not much equity ...
Shawn Thomas
Hard Money Loan —> Convention Loan
You need to fund the final 20% need to acquire the property. You decide to go with a Hard Money lender with high interest costs but your plan is to refinance the HML into a conventional loan after maybe 6 months of se...
Ali Hall
Refinance residential mort to commecial mort
Hello,Has anyone on BP been able to take the residential loan and refinance it into a commercial loan? Someone from BP provided me with this idea and I am wondering has anyone successfully performed this. I have a few...
Roy Gutierrez
Bank Recommendations to take cash out from investment property
Hi guys,
I have a house that I rehabbed in Detroit Michigan, acquired the house 1.5 years ago, house probably worth around 190K, own it free and clear. I've been talking to Huntington because they have a program wher...
Fred Moore
New to BP - Hello from Nashville!
Hello all! Sending a quick note to introduce myself and also want to say I'm excited to learn and grow with all of you! There is way more information within this group than I could've imagined. I appreciate everyone's...