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Hello we want to make an offer on 48 bank owned homes being sold together as 1 portfolio. We have to get a preapproval for about 3 million dollars. Every bank i have called does not deal with this type of transaction....
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Hello, I was wonder if anyone has success in using seller carry back financing on 6-12 unit apartment buildings. My idea was to get the building financed with my own 20%, but after closing, have the seller carry back ...
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Im trying to execute my first commercial deal (currently own 23 residential doors) on a 6 unit apartment in Illinois. It's feeling near impossible to find funding as nearly all of the lenders I've called either requi...
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So I had a down payment saved up and I started to look on the MLS for a potential Cash flowing Property. I went in thinking that I could do 20% down on a 30yr fixed rate on said property. Since I don’t need a place ...
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I'm currently looking at the best way to handle managing properties. I currently use Buildium and quickbooks four about 25 units, but recently I've put these properties into their own llc's for protection and ease o...
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Hey everyone. Just wanted to share my success. It is a 32 unit apartment located in Dallas. It was built in 1983 and features 14 one bedrooms and 18 two bedrooms. The kicker about this property is that each apa...
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I am seeking to get a few strategy ideas for refinancing a 6 unit apartment building, in Pittsburgh, Pa, that I own free and clear. I bought the building 6 months ago and at the time it was 50% occupied and the rent...
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Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
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We are about to purchase a 5 unit property. At what size is it appropriate to name an apartment complex? (I.e. 5+, 10+, etc).
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Hello all, I'm currently working on a refinance of a portfolio loan. The portfolio has a current value in the 3M range, I owe around 1.4M and consists of 6 apartments and a commercial building. I've found a local cred...