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Hello, can anyone tell me if there is such a thing as a 80/20 for a commercial loan. I have experience in SF but I am putting together my first commercial deal and I am trying to be creative with the financing. Jus...
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Closing Date: 10/5/2018Rehab period: 10/15/2018- Jan 31, 20194 unit rental property which will be held as long term rental propertyPurchase price: $79,000 using a commercial 5 yr loan amortized over 25 years w/ 15% do...
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I recently started out in Real Estate investing. I have a 50/50 partner and we have formed an LLC to handle all transactions and management. Examples i see on here talk about cash flow assuming a 30yr traditional m...
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I'm looking at a 5 unit building in Kentucky. 4 apartments upstairs, and a commercial space downstairs which is vacant.What do you do with a vacant commercial space? Place an ad on craigslist? Put a simple 'for lease...
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In the Boston area, I was quoted at 7% for an investment property (25% down) conventional 30 year with 800 credit score and really good W2 income history. Anyone get cheaper than that recently?
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My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or an Alt A...
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How does financing work on residential portfolios? I'm looking at a portfolio of houses (9) in the Central Valley, but I'm wondering how financing for a portfolio of SFRs works. Is it a series of residential loans or ...
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I am a new member at Bigger Pockets and have recently acquired a rental property. After converting the deed to an LLC, home insurance companies are giving a runaround and asking to get a commercial quote. Any help/poi...
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Hello, I'm currently looking at purchasing a property that has two separate buildings, one zoned commercial and one residential. The commercial building looks as if it was used as a music studio and also an apartment....
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Good Evening fellow BP members,I am scheduled to take my NY State RE exam in the next couple of weeks. I debated for a while on whether or not to get my license but the pros outweighed the cons. I am hoping to; earn e...