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commercial loans started to slow down big time in 2022 with the rise of rates. Deals started to make less since to buy, finance and this lead to a major slowdown in the commercial real estate market. CMBS financing ...
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Hello AllAs you all know for a residential property we provide pre-approval for loan along with the offer. Will that be same for Commercial properties too? Is pre approval letter mandatory? Does commercial lender loo...
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I've been looking at investment properties, either retail or multifamily 5+.
Banks I've talked to saying 20-35% down payment in general for multi unit.
Someone told me 50% for retail commercial properties.
I said he's...
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Hi Bigger Pockets Community!My name is Bre, short for Breana and I want to first thank everyone for contributing and making BP the amazing resource it is! I am new to the Columbus, OH area as I recently moved here fro...
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Hello, does anybody know where to get a mentor, i know that my local REIA has mentor programs but they do charge $$$ for their service. Would it be wise to enroll to their program? Thanks.
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Hey everyone. As most of you probably know they are allowing you to take from your IRA up to 100K and pay it back over 3 years with no 10% penalty. If you don't pay it back, you just pay taxes on it. Of course I am...
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Does anyone have any questions about how commercial loans work?
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I am brand new to bigger pockets and investing.
My current plan is to be a realtor to build up capital for real estate investing.
I am interested in multifamily property (2-4) units.
Looking for deals in Texas locate...
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National Real Estate Investor posted an article recently called, “8 Alternative Property Types for Today’s Real Estate Investor.” This was a well-written article by Elaine Misonzhnik and highlights some interesting...
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I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners includ...