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Is it wise to create an LLC before the purchase of a Multifamily property?
Thoughts?
Thanks in advance! $$$
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Hi all! I understand that in order to use a 203k with a non occupying co borrower for anything between 2-4 units (basically other than a SFR), the down payment increases from the 3.5% to 25%. I am a bartender and the ...
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Hi all, Just trying to see what the typical costs would be to hold a construction loan for 9-12 months? What are typical rates I should experience when getting a construction loan? What are the qualifications for the ...
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Looking for a lender that can lend in Niskayuna , NY 12309. I am trying to help a client that we cannot help. She is a real estate agent that is purchasing a single family home needs $70k to rehab it, Purchase price $...
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Hello! I'm posting this in Indianapolis but it could apply to any college/university town. There may be lots out there already on this but I haven't run across it yet.I'm new to investing and one thing that appeals t...
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With the mortgage default rate expected to rise to 50% - interest rates are increasing daily. How does this affect what you are doing with your investments now? Should investors liquidate or rise out the storm? How do...
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I always thought I had decent loan terms on my buildings but with the recent rate drops and reading some forums on here, I am starting to question if I am doing this wrong. Here is my setup. All of my buildings are ow...
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Hey BP, I have been looking into hard money and private investor loans, and how investors use these loans to refinance a property after they fix it up into a conventional loan. You all know the story, they pay back th...
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Hello, I'm looking to buy a residential 6 unit property (which would require a commercial loan). The purchase price is $1.8m, and I have $750k cash. What is the best way to go about this? Ive called around, and there ...
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Hi all,I may have just found an opportunity to house-hack a duplex (both units for sale) in the town I live in but I don't have enough capital for a conventional loan downpayment. I'm hoping I can put in an offer ASAP...