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Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.
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Hi everyone! I recently moved to LA and I am looking for a property under 500k to house hack. I have already read past posts on this topic, but would be great to get refreshed views. What areas you recommend looking i...
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I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.
Below the income numbers they ran some numbers for financing at the fu...
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Hi everyone,I recently purchased my first investment property in South Bend, Indiana with a Section 8 tenant. I hired a property management team to handle everything since it’s out of state. It has been two months a...
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Hi BP, my name is Aaron Kawamoto, I'm a real estate investor from Mililani, Hawaii. I recently completed a cash out re-fi, and I'm looking to invest some capital OOS (SFR/MFR). I'm very interested in Huntsville for ...
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Would like some feedback from lenders for a tough situation here in California.Background: 1) Flipper borrowed $ from HML (1st position)2) We provided gap funding (2nd position), terms are to be paid upon sale3) Flipp...
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Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
- Buyer pays title ins...
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I see so many newbies come on here to BP and say that they want to invest in multies because they are "safer" or "lower risk". I suppose that the general thought process goes something like this: "well, when I hav...
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I have a rental I am currently rehabbing and have a paint contractor about to start. This house hasn't been painted in 30 plus years and his plan was to power wash and scrap what's flaking off, but leave some "alligat...
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I am a beginning investor looking at a potential property that is about 40 minutes from where I live. The numbers look great and I wonder if I am missing something. Let me know what YOU guys can see.Duplex: 2 Bed 1 Ba...