Roderick McCleary
Is a 8.20% Cash on Cash return good for multi-fam investment?
Hi All -
I am looking to buy a 3 flat and move into a unit for a year to be able to capitalize on favorable interest rates for a 'buy and hold' investment in Bucktown.
I ran the numbers on this property that I reall...
Ashleigh T Lambert
Financing question: 15 year only option available?
This is my first investment property-- Under contract on a duplex in Lafayette, IN. I ran the numbers assuming a 30 year note w/ 25% down at 5%. (I was recently under contract in Kansas City with similar terms--so,...
Josh Delaney
Looking to buy the building I rent out of ($1.4m) good/bad deal?
Data points:-$1.4M asking price (off market)-24k sqft flex space-warehouse/office/some newly renovated space-3 miles outside of major downtown city and from where I live.-Very nice building with parking lot, multiple ...
John H.
Can I get a multi-family unit loan for 5-10% down?
Where can I find loans for multi family units at 5-10% down? I'm a first time invester with good credit and have a 4-plex I would really like to make on offer on...
Justin Simpkins
News: Mortgage apps 4 year low, 30-year rates 8 year high
https://www.reuters.comHowdy BP,I just want to start a general discussion about current real estate news and trends, and think input from all the savvy investors would make an interesting thread. Forgive me if this di...
Larissa Pacifico
Hard Money - is it possible to find 0 points and 10-12% interest?
I’m new in RE in US, just bought my first properties, looking for Hard Money partners, I had offers of 1point + 12%, Im in NY. Properties are great, I have experience, money for 20% down payment and rehab, money in th...
Justin K.
Property Analysis Feedback
Below is detail on a property in Niagara County , NY. I analyzed this property earlier this year and just closed on the deal last month. I have some lessons learned including the expectation that I was not as conserva...
Kyle Dutson
Value Add: putting my first offer together
Hello BP community! Well, I am exited to possibly have a property worth an offer and am once again turning to the expertise and experience of this wonderful community. I have a 6-plex with 2x3 beds and 4x2 beds in my ...
Brian Cain
First Multi-Family deal or no deal
Hey BP family. I have a deal in which a contract is close to being signed, all-cash deal. The return looks great but for some reason, red flag are coming up. Heres the run down. This apartment building I'm interested ...
Josh Taylor
Commercial Seasoning Period For Cash Out Refi?????
Im am looking at a 10 unit apartment property for my 1st multifamily. It is near a good college,only 30mins from me, and is below market rents. I have a LOC on some land I own clear, and I plan on using it for the dow...