Philip Johnson
My first refi, take what I put in, or go BIG!? (into debt?)
I have 5 properties. I've done 1 a year, rehab to rents. I'm doing my refi cash out on the first property I bought. Should I just get out what I've put in (down payment + rehab) or should I take out more? I will be...
Kevin Reinell
Partner up or go alone with Hard Money?
Hey BP, Seeking some advice.I have a deal in contract to develop 5 units. Currently working on obtaining the financing. It would be a BRRRR deal that I would ultimately finance at 70-75% LTV of the ARV. The tricky par...
Justin Dragon
Solutions for submetering water in a multifamily
Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
Vanessa Johns
No Applications Coming on a New Rental
My partner and I each owned a home when we moved in together - mine was just getting finished being built. Since we've decided to go the real estate investing route we're live-in flipping his and we were going to rent...
Alex E.
investing with partners
Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
Joshua Woolls
New to Multifamily - Does these numbers (expenses specifically) look realistic?
Apartment building Analysis60 UnitPrice $725,000.00Upfront Repair Costs $500,000.00Total initial Investmen $1,225,000.00Down Payment10% $122,500.00Interest Rate 6%Loan Length (Years) 15Payments per year 12Monthly Paym...
Christopher Cornelison
Assistance with MTR analysis and advice
Hello Everyone,
I live in Maryland, and work wants me to move to Colorado. We bought our current house one year ago and do not have any equity. We have considered renting, but we would have to come out of pocket eac...
Patrick Hall
Mobile Home Park - Owner Costs and Suprises
I am currently eyeballing a couple of smaller Mobile Home (not Rv - though i like those as well). Not having been involved with a park, anybody have some good ins and outs on what to look for? What issues can creep...
Steven Somasundaram
Commercial aaa tenants
Hi I would like to start investing into commercial realestate but I am wondering how do you get Aaa tenants in what are the best way to attract some solide good tenants in order to have a great loanSteven
Tommy Keay
FHA Loan or Hard Money Lender for First Investment?
Hello All! First and foremost, thank you for your time interacting with this post!
Come 1st Quarter 2021, I plan to buy my first property. The purpose of this investment is to 1. Get a great deal (build instant equi...