Offer just got accepted for a six unit deal. I am starting small to get my first commercial loan and get some seasoning for the big deals to come. The property is located in Lakewood, WA within one mile of Fort Lewis ...
I’m seeking my first SFH investment in the Oakland country area (Michigan ). I’m wondering if others in this market are content with analyzing 5% CoC or cap rate deals? I’ve put offers down so far in three properties ...
I've been a handyman for quite some time, but I never understood the concept of Permits from a home owners perspective. If I'm the home owner and live there, do I need a permit to fix a kitchen or finish a basement? I...
Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
Hi,
1. I make 40k a year, would I be qualified to get a commercial loan?
2. How is commercial loan different than personal loan?
3. I already own a house, mortgage is 1400 per month and someone is paying 1600 and I w...
Greetings! I am brand-spanking new to the world of investing. I'm here primarily to learn, to ask questions, to figure out the best way to break into the world of real estate investing.
I work as a Trainer a...
I am interested in an 8 plex that is literally a stones throw across a major road from the nicest area in my town (approx 300,000 population). this area takes a step down in "class", but of course no MF exists on the ...
Hi All,I purchased a duplex back in October of last year and the upstairs unit was already rented when I bought it, so I let the tenant stay and they have been very good so far. I received the tenant's $500 security d...
Hey BP Members!I currently have a property under contract and just had the inspection done last week. There are a couple major issues, one being that we need a complete re-pipe of the units. I initially wanted to go i...
Well I just listed a flip on Saturday afternoon and have had 37 showings in 2 days. No, that's not a typo. The new carpet is probably worn out already and will need replacing. 4 offers so far with more coming. bes...