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Hello BP Community!I am receiving conflicting opinions if I need a pre-approval letter from a Freddie Mac lender for a multi-family 5+ units. I will be financing the property using the Freddie Mac Small Balance Loan p...
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I was wondering what method folks use to value their in-process partnerships on deals they're working on when they submit their PFS to lenders. Things have become quite complicated to account for lately with all o...
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Firstly, this question is asked generally but the property is in Louisiana.
I would like to know if anyone has or could share with me a eviction lock-out clause in their rental leases.
As far as I can gleam from Lo...
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Hi all,
I’m looking to take my next step in my RE investing career with a foray into the multifamily realm. In the single-family/duplex/triplex/quad-plex world, I know that purchasing property at a significant discou...
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Hello all!I am looking for information related to several aspects of multifamily investing and I'd like someone with actual experience to answer these questions:What are the typical closing and other transaction cost...
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Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
Hello Everyone!I am a 22 year old living in Los Angeles and will be getting my degree in Finance in the next 3 weeks. I have been selling fine art and antiques while in college and have been fortunate enough to save $...
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Hi, I'm looking to refinance my Canton, OH (44714) BRRR property. Assumptions I provided to a mortgage broker is below. Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting f...
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I am in the process of buying a property. I have used a lender in the past and wanted to shop around to see who can give me the best rates. I got pre-approved by my previous lender and by another lender. My previous l...
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Michael Rogers of Chandler Properties provided the following Excel Worksheet for BiggerPockets to share with all of our members.
REI Property Analyzer
We hope you all find it comes in handy.
NOTE: If anyone else h...