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Apartment Complex Financing
Hello BiggerPockets community! I have been listening to Grant Cardone for the last 6 months and he truly inspired me to be ambitious! He talks about how he always prefers to buy more than 16 doors rather than 1 door. ...
Jonathan Twombly
Is the Multifamily Market Correcting?
Two articles that appeared in the trade press yesterday suggest that it may be happening.First, in Globe Street, there appeared an article called "In Volume Dropoff, It's 2017, Not 2007."This article cited a Real Capi...
Diane G.
Class C multifamily property in Phoenix
I have been reading about investing in Class C multifamily in Phoenix lately... When I google what is out there on the Phoenix market, not looking good to me?? The properties all look very run down in poor locations.....
Jon K.
Wrapping my head around 30 yr vs 15 yr loan
I was hoping folks could help me weigh the pros and cons of using one term over the other for a buy and hold investment. As I think long term about rehabs and refinances or even turnkeys when the numbers work I keep f...
Nick Bitz
What would you do???
So I posted a thread yesterday about finally pulling the trigger and buying a house. (inspection is this afternoon, wish me luck) I have my goals and a plan set in place but I'm interested to know what the more experi...
Stephen Torti
Income Approach vs Comps Approach Appraisal
Hi All, got the Clear to Close on my first multi! So, question about the appraisal, I bought the property for $170k and the comp appraisal came back at $174k but the income approach came to $184k and that's before I ...
Will Eagles
Please help. Deal Analysis. What am I missing?
Hi, So, i have posted before about a possible deal that I was looking at and to be honest, it turned out to be over my head and after walking the property not worth the risk on a property of its size and cost. I have ...
Megan Stafford
Where Should I Form an LLC if I'm an Out of State Investor?
Hi!I own 3 properties (5 units) in Arkansas currently, but I live in California. I would love to know if anyone has advice on where I should set up my LLC? I would like to do a couple of flips in the next 6 months and...
Alina K.
putting a downpayment for a 6 unit multiplex
Hi Everyone,We're in Ontario, Canada and we are looking to invest in our first buy rent and hold project, which is a 6 unit multiplex. The problem, tho, is we have no downpayment!! :-( Some mortgage agents told us th...
David Lamb
The FLAW with BRRRR -- The 3rd 'R' - Refinance
I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...