Austin Montgomery
Can’t Qualify for Loan Due to Short Financial History
I graduated from college in May 2018 and am currently an active duty Army officer. Since graduation, I have acquired 1 house-hacked SFH, 3 rental SFHs, and completed 1 flip with a partner. I am currently under contrac...
Greg Tawes
Cap Rate and Cash on Cash
Any advice on targeted Cap Rate and Cash on Cash Return for Duplexes and Triplexes? I have a deal I'm reviewing now that has an 11% Cap Rate and a 15% Cash on Cash (calculated as cash generated after debt service div...
William Howley
Doing a BRRRR without a job
Hi everyone, I have been moving a long in my real estate career, I was able to BRRRR 3 times successfully and do some flip etc. I transitioned to full time REA 1.5 years ago and don't have the W2 income anymore. (Love...
James W.
Property manager gave rent checks to previous owner!
I recently purchased a commercial retail building which closed on 12/31/2012. It was a normal purchase using my broker and a standard AIR contract. I kept the original property manager to manage the building.
My fe...
Brandon McCraney
Purchase Strategy
Hello BPers,I have an accepted offer to purchase a property at $27.5K and am unable to secure a mortgage because the loan amount is too low. Since there are a few properties in this range, it got me thinking about a ...
Scott Jenkins
6-plex Downtown Historic Thibodaux, LA
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $354,963
Cash invested: $45,000
New construction- two 3-story triplexes in historical downtown district of Th...
Allen Wilson Jr
Omaha Nebraska Lender
I am looking for a lender to refinance a few of commercial loans to conventional loans. Good credit, but DTI not so great. I have a 25% - 50% equity in all properties. Any referrals would be much appreciated.
Malik Batchelor
Purchase and sales agreement for vacant land?
Do I use a purchase and sales agreement just as I would for w home or do I need to use a different contract since its for a vacant lot?
Clayton Brahier
First time financing options
Hello All,I can't seem to find a good answer for this. What would be the best option to finance our first investment property? I've been told commercial loans are the best because of the rates. I've also been told I c...
Dustin Fike
Central Florida Banks for portfolio and commercial loans
Which local banks in the central Florida area are good to work with for portfolio loans and/or commercial loans for properties around Orlando greater area and space coast? I am just getting started, but am thinking t...