About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...
I am a new investor and I am looking to house hack. So, my first property will be a multifamily where I will rent the other units and bedrooms in my unit to break even or create positive cashflow. Now, I will use priv...
Greetings and salutations, I recently started a new job in commercial construction management, part of the job requirements is moving every few years for a new project. The company pays peridium and covers moving cost...
Brand new to real estate investing.
I’m looking for advice on the best way to finance a project.
My friend has done 3 of these so far, and I am planning to join him on the next one with hopes of expanding the busine...
I have came across a home with a 2.75% assumable VA loan in a great location. This Property will make for an excellent investment as a house hack then eventually a long term rental which I am pretty excited about cons...
Hi all,I am about to move and use my current house as my first rental property. I currently have a Ginnie Mae loan and I would like to transfer title of the house to an LLC. I reached out to my loan servicer to inquir...
Hi, I'm looking to buy and rehab a 2-4 unit multifamily in San Francisco where I'll be occupying a unit while renting out the rest. I'm currently exploring loan options that would fund both the purchase and rehab cost...
Hello BP Members,
My name is Khai, I recently joined BP in search for helpful tips and advice for real estate investing. I proudly served 8 years in the US Army, and now a veteran. So, my story is that I'm currently ...
Hey guys. I'm looking at 2 or 3 multi family properties for my first real estate investment. I have spoken with a couple banks who send me to their commercial loan department after I explain what I am trying to do. ...
Good Evening BP members, I am looking to take equity out of a very strong performing long term rental. I want to use a DSCR loan, but I see many DSCR lenders are not willing to take a second position when underwriting...