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Back story on the building: It's a multi use building ( 2 commercial spaces and 2 apartments above the commercial spaces). However when I bought it the building wasn't making any money and the 2nd floor wasn't usable ...
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Hello,This is my first post, so I apologize in advance if there is any missing in for or mis-format.I found a house/commercial building that is more suitable as a multi 3-4 units. House was grandfathered in as commerc...
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Hi all,Recently, I’ve been interested in investing in real estate due to the cash flow, equity buildup, appreciation, tax benefits, etc.I did multiple calculations with conservative numbers for the US Midwest area and...
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When I listen to podcast, they talk about how we should take advantage of low traditional, conventional mortgage rates....... so can u get this for a property in your LLC??
Also, if u did purchase a property using t...
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I'm curious to hear about the pros and cons of Commercial REI from the rockstars out there! Doesn't have to necessarily be commercial vs residential, but more so why Commercial REI was chosen as a vehicle along with t...
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Hi! I’m a relatively new investor. I own a single family home that I purchased as a primary residence two years ago. I rent out a portion of that home for more than my mortgage and I’m planning on fully renting the pr...
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Hello,
I have a question. I am looking to buy a few investment properties, hold and rent. It looks like my DTI would reach over %50 after the first property since for my personal one I have to pay property tax, HOA f...
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I'm looking to purchase a large single family home that has been divided up into two apartments on the 2nd floor, and 2 separate office spaces on the bottom floor. I've been a residential landlord for a few years but ...
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Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable. I've heard anything over 4 units is commercial but you can still get residential loans on 8 unit or less properties. Is...
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Over the last two weeks I have been fortunate to analyze a few deals.
This particular deal is a 9-unit apartment building with store frontage and a restaurant. (Most of the apartments are Section 8, located...