David A.
Should I convert den/living area on ground floor into a master?
I'm about to close on a house (my first purchase!!) and I'm not sure what to do with the layout of the first floor, but it definitely has to be reworked. I've attached an image to this post of the first floor layout.T...
Scott Szpyrka
First Multifamily Deal- 18 Unit Apartment Complex
Hey BiggerPockets Family! I wanted to share a big win with all of you. I closed on my first Apartment deal, partnering with my mentors. See below for deal details and the story. Deal Size: 18 unitsLocation: Knoxville,...
Matthew Shay
What are your rules of thumb for expenses?
Interested to hear what rules of thumb do you use for multifamily. Right now trying to figure out payroll for a 47 unit. Also, do your rules of thumb change when you scale from 50-10-150-200 units?
Joshuah Murray
Creating an Investment Proposal? Help!
Hello everyone, I’ve got a multi family property under contract and have been weighing my financing options (from owner finance to bank loans etc). At this point I have garnered the attention of a few private lenders ...
Sam Leon
Small bath tub chip - repair or complete refinish?
In the process of turning over an apartment, and the cast iron tub (previously refinished) has a small size chip on it.Less than the size of a dime.Called a few refinish companies and the cost for a complete refinish ...
Craig Ts
Funding / structuring large transaction for multi-family
Hey All,Here is what I learned about funding / structuring deal for multi - family, would love to know any other way people fund / structure their deals: Downpayment (your own money) + commercial loan - No SEC involve...
Spenser Murphy
Down payment percentage on commercial multifamily
I know for residential multifamily properties (4<units) banks are looking for 25% down. I understand that commercial loans (4>units) are more flexible. Is 20% down feasible? What are banks requiring?
Account Closed
Who can I get to walk me through a multifamily purchase?
Who can I get to walk me through a multifamily purchase? Analysis on BiggerPockets. What’s next? The brokers want to talk to my lender first. I thought a contract came before funding. I don’t know who to trust. Any ad...
Robin Muthomi
Adjusting comps for older builds with only new built comps
I am looking to put this 3 bed 3 bath bungalow into contract but i am having trouble finding comps because majority of the sold comps in the area are new builds while my property was built in the 80s. How do i go abou...
Michael Newman
Looking for real estate agent for apartment bldg in Norfolk, VA
Looking for a recommendation for a real estate agent who specializes in apartment buildings in the Norfolk Virginia beach area of Virginia.Thanks.