Spencer Zeff
Rental listing blowing up, advice on raising rate / bidding war?
Hi! One of my units is opening up in September. We decided to raise the rent by 12.75% and put it on all the listing websites, but most importantly StreetEasy (the go-to website for rentals in NYC). Since we put it ...
Robin Ferrier
Buying notes - rates of discount
Hi, I am new to the concept of holding notes as I am contemplating offering my property with seller finance. I have a property I would like to sell for 30k. If I were to receive money down of say 10k (probably less) ...
Cody L.
One of my banks vs. reality - Finally time for me to ask a Q :)
With every bank save one, I can put my loan amount, rate, and am into a calculator (my XLS or online) and it'll spit out a payment (and am table) that matches what I pay my bank.Example: I have a 2.42m loan with Fredd...
Dong Yan
shall we rent out our primary or buy the new investment propertie
Hi everyoneWe stayed in our current home for many years,the neighborhood we stay is very desirable and convenient.But the high school is getting more and more competitive. It will no longer be a good choice for my you...
Jason Jenkins
How does one evaluate vacant commercial properties?
Bill Gulley,
How does one go about evaluating a vacant commercial property?
Kerrel Gomes
Buying rentals in Fayetteville and Raleigh-Durham NC
How has the current situation and lockdown changed your investment strategies? With the market temporarily down due to COVID-19 lockdown, what cap rate are you searching for? Level of rehab? Areas? It seems like a lot...
Jean-francois Ndomb
FOUND MY POTENTIAL FIRST 4 UNITS ( FIRST DEAL)
Hey guys,I am getting ready to buy a 4 unit multi-family property from a friend who does not want it any more but doesn't want it to go back to the bank ( moving on to a different business). So instead of $85k it wa...
Dan Denton
Exit strategies with rising interest rates
I am curious to know how those with multi-family/apartment investing experience factor rising interest rates into their exit strategies. Since most commercial financing is short term (compared to residential) a sale o...
Adam Geers
Cash out refinance in Michigan
I’m in the process of doing a cash out refinance on a duplex I own in my personal name. My lender came back today with a rate of 4.75% for 5 years and then variable rate of prime plus 1.5% for the remaining 15 years w...
Brian Dunleavy
commercial loan question
Hi all,
My partner and I are looking to purchase our first property - a duplex with a separate commercial building on the property. All three units are rented out. Two residential units and one barber.
Because the ...