Hey BP!
I'm still out here working on a tiny house community template and getting the first one done is always the biggest hurdle. Right now, I'm trying to nail down a parcel of land in the 15+ acre range in the Den...
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Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
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Most banks will not do conventional loans with an LLC. The majority will ask to do a commercial loan or the terms are not favorable.How do you best navigate yourself with rental properties using an LLC and a lender?Wo...
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Looking at a property being offered as an "8plex" -2 4plexes on 2 separate lots in same listing.
As far as financing and valuation does this fall under the rules for residential or commercial?
If yes, okay.
If not,...
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Hello everyone! This is my first post.I've flipped a couple SFHs over the past couple years, and right now I'm trying to purchase my first commercial property. I've done my homework on the property and know it's a goo...
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Hi BP Community,
Question for investors/lenders on portfolio loans vs commercial and conventional options with regard to the 10 property limit. I currently have 8 properties, 7 of which are rentals and one is my pri...
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I’m considering a multi-family building in the Chicago area that has a Fannie/Freddie type loan in place at a very low interest rate. After assuming the loan, there is still another $600k that I would need in order to...
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How hard is it to flip vacant commercial land and what objections did you have to overcome? How long did the deal take for you?thank you
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It's very common in the old parts of Milwaukee to find small commercial storefronts which also have 2-4 residential units.
I found a 4-unit which I like purely on the merits of the residential units. I like it enoug...
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I've been reading through several forum threads and a common thing that I've been seeing seems to be that lenders won't lend to LLC's for SFR or MFR (Duplex or Triplex) but only for commercial. Is this correct? If tha...