Daman Gandhi
Friends! What would happen if ..... kinda scary
Hello everyone ! I was just going through an article which showed data of how quickly the trends have been changing lately . Massive growth in the e-commerce sector . Decrease in offline sales and with less number of ...
Dori Arazi
Commercial vs. residential, Tug-of-War
I have a couple of rental properties in California that I "stumbled into" as I purchased primary residences and moved. This is going to be my first attempt at taking REI more seriously. I have a good career that allow...
Hari Narayanan
1st property under contract - need help with rehab process
Hello all,I hope all of you are enjoying this holiday period and spending some quality time with family and friends.After many-many months of research, I finally have a multi-family property under contract in East Bay...
Kevin Jones
I have 8 rental and want to refinance need suggestion, thanks
Hello,
I heard that you can only finance a max of 10 rental properties under the current guild line. I currently have 8 and would like to take some of them and refinance under a business mortgage to free up some roo...
Patrick Davis
FHA Loan Limitations
I want to purchase a 10 unit apartment building using an FHA loan. My DTI ratio is above 57%, but the rent I receive on the property will easily cover my mortgage payment. Is there a debt product or workaround anyone ...
Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Georgee Gilbert
Commercial Real Estate Purchase
What's the best advice you can give to a newbie when it comes to purchasing your first commercial property?
Anthia Rymer
Ready to dip my toes and already discouraged.
Hello all, I am a newbie to REI; looking to invest in the Upstate NY area. I have been studying multi families for almost 6 months (reading, podcasts etc). I have seen properties online and figured, it's time to get i...
Justin Holley
3 Unit - A Commercial Loan?
Good day BP!I have a quick question. I have a 3 unit under contract and the local banks and credit unions keep telling me my loan is commercial, but it is a simple 3 unit. I have not run into this problem in the past...
Jacob Straley
Commercial Lease Agreement
A forum Search only revealed a few threads that didn’t answer my question. I know there are many commercial investors in the BP community. I have a really exciting new mixed use property under contract in Michigan tha...