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...
Vince Momot
Hello Bigger Pockets Community!
My name is Vince Momot, and I will be moving to Atlanta GA at the beginning of June. I first became interested in real estate from Graham Stephan and Meet Kevin on YouTube, then I read Brandon Turner's "The Book on Re...
Nova T.
Private Lender only wants 5% interest?? Is this common?
Hi everyone,I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms: 100% financing on purchase price and rehab Interest rate 5% Fun...
Jacob Trogan
Focus on Equity or Cash Flow for my First Property?
Hey there friends, so I am working out my strategy and what I want to do for my first property. I need some help. I may be too realistic or just too uninspired but I am assuming for my first deal it will be good but n...
Victor Cornell
LOOKING FOR INVESTOR MARKETING TIPS
Good afternoon BP,I trust everyone is well. I’m a new member to BP and I would like to know if anyone has any insight on the most efficient ways to market to sellers and buyers as a wholesaler? I’m aware of the direct...
Christopher Sica
Looking at the Numbers for a Duplex
Hey everyone!
I must be a slow learner because as I learn more and more, I find that I am more puzzled by the market here in Austin TX.
I was recently trying to use the 50% rule and the 2% rule as diffe...
Justin O'Malley
Is my "Owner Occupied" status worth anything to a partner?
*Disclaimer: this is not an advertisement to try to find someone to partner up with*So I had an idea....As a newbie I don't have much for a down payment so I'm brainstorming options on how to break into the Denver rea...
Lucas Allmon
LA house hack and equity vs holding out for the deal
👋 I live in LA and I know this market is a different beast. Currently I live in a great location with a a low market rental price, but I am renting. My wife and I are starting to dig around for deals, though it seems ...
Konstantin Ginzburg
Using a Virtual Assistant with Property Management
I currently own 10 units around Louisiana. 6 of the units are self managed and 4 are managed by a property management company but we actively manage the property manager. We are looking into strategies to further stre...
Ronald H.
Getting a handle on fix up costs
I live in Saugus, Massachusetts and I have built up a Cash Buyer's list of Real Estate Investors. The list has not been tested, although, I do occasionally research what is going on around my area by using the Interne...