Scott Rosslow
RM on a property, owner passed
Sorry if this is not in the correct forum. My fiance (getting hitched in a month) has her own townhouse in a small HOA of 4 units. One owner passed and her son turned it over to the reverse mortgage company per an ema...
Paolo Ruggieri
Advice for buy and hold in Atlanta
allI just had a great find... Want to share with other atlanta investors... I found the perfect portfolio loan... I was maxed out regular mortgages due to the number of properties/mortgages I have... Can't do Freddie ...
Mike Dusenka
Private Money Lender & Multifamily Refinancing (Questions)
Let's say you use a private money lender, so you pay cash for a multifamily property and the rehab costs. Is it more difficult to cash-out refinance after you raise the value of the home compared to an HML or traditio...
Patrick Howell
Cash out refinance on my entire portfolio
Hello,
Wanted to get your everyone's feedback on this scenario. I'm hoping to leverage some existing equity in my REI portfolio to pay off some student loans. I currently own 5 residential rental properties (with 5...
Raffaele Bianchi
Market Value of a 4 units - Thanks!
Hi Guys,I need some suggestion from you if you can! I would need to appraise a Multiunit of 4 units in Oakland, CA 94609 : the sq. ft. is 5231, built it in 1907, and they get a rent of $4200, $3500, $3700 per month be...
Conrad Martin
Would someone mind poking a few holes in my plan?
Hi BP Community,My family has a distressed SFH in rural NC that I’m planning to use as a practice ground for my first full renovation. The goal is to renovate the property, raise the value, borrow against the equity, ...
Marcus Holloway
First BRRRR Commercial loan
I'm completed the rehab on my first planned brrrrr deal. It's a SF I own outright in a 50/50 LLC partnership.
The home was in total disrepair so we had to strip it down to the bones.
In the current climate, we kne...
Bryce Fairburn
Looking for advice on Refinancing plan
Hey, this is my first post, and after many hours of listening to podcasts, and reading these forums i am looking for some feedback on my plan.
The details:
Single Door Property Purchased 2019: 325,000
Property app...
Richard Mann
Convential Loan After Rehab
Scenario: Hard money loan on a buy and hold property. Rehab and then refinance at 70% of the appraised value.
Will the average bank loan 70% of the appraised value without any money down on the refinance?
...
Justin Wilcox
How to get broker price opnion work from banks/lenders?
How does one go about getting assignments as an agent from banks/lenders to do broker price opinions? What do they usually pay to do such a service?
Just looking to help a good friend. I know they are out there bec...