Kole Kingslien
Best way to pay yourself from an LLC for small contractor
Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
Michael Willis
Office Building Analysis
Hi All, looking for some feedback on my potential first office building purchase. The Property: 1) is 100% occupied with about 15 tenants (of all sorts) 2) has a cap rate at about 8.0% at last ask. 3) is 3 stories is ...
M Ness
Feedback on First Deal
After a lot of researching, reading, and planning, I'm getting closer to purchasing my first property. The goal is to buy a cashflow rental condo unit. I settled on a condo unit for a few reasons: in my target town, a...
Chris Ha
New to Multifamily Loan Qualification
Hi there!I'm new to multifamily and am looking to understand what sort of loans I will qualify for when trying to purchase a 16+ unit. I understand I'm most likely looking at 25% down with 6 months of PITI reserves.My...
Joshua Martin
Do We Have a Deal?
I also posted this in Multifamily discussion because I wasn't sure where to go with it, sorry if someone is getting it twice.Hey gang, So I'll try to make this post as detailed as possible with what I'm currently goin...
Nick Clurman
How do buy and hold investors survive in high priced markets?
Hello BP Community,I am an aspiring investor currently living in the high priced SF bay area of California. Currently I am still in an investigative stage of investing. Ive been focusing my search primarily in Sacr...
Chris A.
28 unit syndication investment
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $2,875,000
Contributors:
Jonathan New
Syndication investment, Limited Partner
28 Unit por...
Lindsey Clark
What would be your exit strategy be on this fourplex?
Hi BP! Newbie here. I am in contract for a fourplex. I am purchasing it for $250,000. It is located in an area where property values have continued to increase annually. I would like to fix up units as they become vac...
Yoel Frometa
Should I sell or keep.
Hello, I'm looking to get opinions on what I could do. I bought this Florida duplex in 2016 for $220,000 current it cash flows a gross monthly amount of $1100 the market value is around $340,000 and I owe $203,000 on ...
Benjamin Papet
The Refinance in BRRRR
Hello BP, I'm new to real estate investing and was hoping to get some clarification on the BRRRR method, specifically the Refinance part. I'm assuming we are talking about a cash out refinance correct? What is the mos...