Diego Briceno
Multifamily 6+ door Strategy (Commercial Financing)
Hi All, we are evaluating several multifamily properties (+6 doors), we are using mostly our capital to do this and financing via commercial loan (vs. single family or Under 5 doors). Those who have have done multifam...
Benjamin Hirsh
Seeking Competitive Lender to Finance Completed Renovation
Hi
I am a REI and W2 earner with a solid income and credit score. I own 7 properties. I have 2 properties I am currently renovating (all-cash purchase). I am looking for a competitive local lender who can finance th...
Tracey Solomon
Do I have to put up a month-to-month tenant while I do repairs?
Hi - i have a rental in Philly and the ceiling in the bathroom caved in after a particularly bad flood. The bathroom needs to be redone, which will take some time. In the meantime, I've asked my month-to-month lease t...
Lilian Toscano
Getting in the Game! To be a real estate investor
Hello BP Community, I have been saving up money for my first investment property. But with what I have saved so far, I would only have enough for a downpayment. No reserves, no cap ex, or saving for repairs. Can anyon...
Ana Doxwin
Tenants Wants to Put in Sod
My tenants have been living a my rental property for over 4 years. When I first rented it out to them, the backyard was just dirt. They now want to put in sod for their kids. I think they may want to DIY this and pay ...
Rachel Kim
Newbie, New Investor Question for Next Properties
Hello!I am having difficulties understanding how investors can get more financing after the first or second property. I am not talking about coming up with the downpayment but rather regards to mortgage affordability....
Alfred Dimartini
Best type of funding for 2 friends who are pooling money?
Me and my friend are 2 professionals from NYC looking to fund our first deal. We have money for the down payment and reserve, but we’re wondering what type of loans we could get without starting an LLC. Would it just ...
Jay Shuler
Advice for my game plan
I am looking to fully commit to improving my future through real estate. So far I have spent a ton of time listening to BiggerPockets podcasts (around 150 so far), listening to audiobooks, and passing my Washington R...
Account Closed
20 Units financial Due Diligence question ($3m deal)
Hi all, I am in due diligence state for this deal (seller financing). The seller is an old guy who manages the property himself and does not use any software. He even mixed with personal bank account with all rent dep...
Jacob Wietholder
Self Managing Rent Collection
I finally have my first investment property under contract, a duplex with two long-term tenants already in place in Davenport, Iowa. I plan on managing the property myself. What method(s) are best for collecting rent ...