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Hi all! I am exploring hard money options in RVA and would like to know what to expect regarding costs? i.e. origination costs, appraisal requirements, interest, commitment fees, processing fees, etc. I have a decen...
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Good day! We’ve lived in our house for 6 yrs. The lots in our resi neighborhood are acre+. Converting primary residence into STR. No hoa restrictions on STR in our hood. Or let them discover on their own. I also have ...
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Hello all,I am looking to get into real estate. I am a new investor in real estate and actively searching for properties in northern Alabama. A wholesaler reached out to me about a deal he has under contract. Without...
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Hello everyone, looking for some help with something. I'm just starting out investing & I've got a few properties now. I'm looking at the best ways to do book keeping and stay organized. My main concern is obvious...
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Hello BP,I am a new investor looking to learn about good criteria that I can use to find motivated multi family deals when generating lists from List Source or other similar services. I have been experimenting with Li...
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Hi all,I'm pretty new to REI but have read a few of the BiggerPockets books. I'm looking to start with a buy and hold duplex in the next few months, and continue to scale up to higher unit multi-family properties in t...
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Hi - I am looking to close my first deal on a marina in the the North East. With interest rates on the rise my deals are making less sense when factoring the cost of debt repayment using SBA loans. I am hoping to ge...
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What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?
Hello BP! I am working with a partner on a deal to acquire 3 distressed, vacant duplexes on one plot of land. It may sound weird, but these properties are assessed as one entire unit. Each of the 6 units has 3 bed/...
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Hello everyone. About to have my first multifamily property under contract with my partner in Cincinnati, OH. Got it for a good price once I raise the rents. All tenants are on month to month leases, and I know that r...