John Acheson
Do you want to get into commercial real estate?
Arguably, one of the 1st steps in commercial is to have a seasoned LLC to be able to get financing. I've been researching the main differences between traditional mortgages for residential and commercial lending and j...
Quincy Miranda
How to determine the value of 6 unit building
Hi all!I recently received a call from a seller that owns two 6-unit buildings right next door to each other. He really wants to get rid of them both because he manages all his properties on his own, and these are add...
Jeffrey Grieshop
my credit was pulled, time to shop heavy?
The other day I inquired about a property. I was simply looking to obtain some numbers for the property. fast forward, I talk to an agent for a while and a lender. I went with it because I wanted to see what I could p...
Steven Lopez
Buying a 2 family in long island NY
To any multi property investors,I am trying to buy my 1st two family investment property in Long island New York. But there are some major hurtles to over come.I have recently received an inheritance from my parents ...
Noah P Bonds
25% down for multi families. Anyone finding better loans?
Lenders I’ve spoke to are requiring 25% down for any multi family investment properties. Just a couple months ago they would do 20% and one would even do 15%. Wondering if anyone has found a lender that will do less t...
Joshua Mccaffrey
Rochester MN Cap rates - multi family b class
Hi All,i am looking at an off market deal, it is a 40+ UNIT property i would call it a "B" class late 70's building well taken care of and well managed as far as i can tell. I am having difficulty finding a reliable ...
Account Closed
To BRRRR ,or not to BRRRR
There's no question that interest rates are at record lows and money is cheap (relatively). Markets have also been on fire and home prices are rising all over the country. How is everyone feeling about using the BRRRR...
Jorge Garcia
Refinancing and leaving a 3.5 fixed rate behind
Have refinancing rates gotten better or is it recommendable to wait until next year to see what happens? I want to start a business and I want to use that money towards it. However I got this property locked in a fixe...
David Napier
Financing First Rental Investment
I'm trying to decide the best way to finance our first real estate investment. Looking to buy a SFH in the $250,000-$300,000 range. We have excellent credit, $30,000 in cash and our currant home has about $400,000 in ...
Jason Hunsaker
Land Contract advise
Can someone give me advise on how a Land Contract works on 3 unit property? I have someone that wants to buy my Tri-Plex and pay more than my asking price with this method.