Anyone heard of Bavex Lending before? I came across them in a FB group for REI and thought they had a good deal on long-term financing. 5.5% recourse 30-year term for LLC. Everybody else asks for at least 6.5% and 2 p...
Please correct, add to or demolish these. Just from what I have gathered so far. Steps:-Contact leads-Get information on house & see it-Agree on price-Get under contract-Set up the close(Title & Buyer stuff, n...
Just a week ago I closed on the refinance of my 48 unit apartment complex purchased just 18 months ago. Since I get a lot of questions from individuals asking what I look for in a multifamily property and what a good ...
I’m currently under contract on my first sizeable multifamily property. I’m including details about the property below. If you all could skim through and let me know of anything it appears I haven’t considered or any...
Hey everyone ! Figured id reach out here to all my fellow Wilkes Barre/Scranton investors to see how everyone is doing now that covid restrictions have died down. What is your take on the market? For us we are seeing ...
I've had my first rental for over a year right now. I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase. A couple questions:1) How long do I ha...
Hello everyone,
I searched the forum for an answer and couldn't find it.
I recieved a lead on a listed property and am working on my first deal. Ive been going over the numbers and would appreciate any feedback.
Se...
The house is finished except for the bathroom where we ran out of primer. I did some quick research and found Kilz High Build primer. Expensive, but I wish I had found it prior to painting the whole house! There ar...
So, I'm taking action and am in the middle of my real estate licensing course. I need to find a mentor for investing and I would like to hook up with a local REI group. I find ones that want to charge, but I'm looking...
Hi guys,New to Real Estate in the USA, not completely new to real estate. I live in Chicago and I m ready to invest in Real Estate. I was thinking about multi family homes.What do you guys think about neighborhoods in...