Al Ghindal
Investor based Hotel deal hypo
New member here, need some guidance on how to structure deal. I primarily develop franchised hotels construction start to finish and operate. Portfolio of 8 properties built with my own funds with proven track record....
Rich Emery
HELOC for down payment??
I'm fairly confused with the strategy to use a HELOC as a down payment on an investment property.... For example - I have a $50k HELOC available to me. Let's say I want to buy a $200k home and use the entire $50k HEL...
John R Olson
Secured Debt Funds
I am having some analysis paralysis and so looking for input and suggestions. I am looking for a secured debt fund with a simple or compounding interest distribution paid out monthly or quarterly. I also want a 24 m...
Michelle Chevalier
Thoughts on Debt/Income ratio on a joint lease
I am going to start this question by saying that I am completely green to being a landlord and I am looking for my first tenant. I have two girls, unrelated, looking to rent my house. They would be on a joint lease to...
Nathan Dujanovic
First flip in NE Ohio - Cash or Finance?
I am looking at purchasing a foreclosed home in cash for 73k with 20-30k in expenses including renos with ARV of 125k. I have a great realtor who knows the market and is confident in the ARV. I have walked through the...
Andrew Lichtenstein
Commercial Real Estate Broker and Investor from NYC
My name is Andrew Lichtenstein and I am a Real Estate Broker and Investor in New York City, and have been in business since 1991. I have personally bought and sold 25 buildings in New York City and closed more than 3...
Chase Jenkins
Investing in Houston, TX using BRRR strategy
Hello fellow investors. I would just like to start by saying that this would be my first investment in real estate. I believe I have educated myself to the point that I am ready to make a move. I would really like to ...
Richard Gonzales
New Guy from Indiana
Hey everyone, my name is Rick. I have been listening to the Bigger Pockets Podcast for a few years now and I’ve been on fire about real estate ever since. I’ve lurked around the forums occasionally over the past coupl...
K W
Residential or Commercial Loan?
When I spoke to a lender about purchasing a 4plex, they told me that was considered a residential loan, but any more units would make it a commercial loan.
We are looking at a 6-unit property. Would that be a commerc...
Peter Kopchik
Self credit and debt.
I own my first multifamily already. I fell on hard times the first year and have built up a good ampunt of debt. Because of that mt credit score has dropped below 600. Is there a chace for me to get a good rate on a ...