Jeff Salter
Need a commercial mortgage loan
First time posting anything on BP and also first time purchasing an apartment. I’ve been shopping around for a commercial mortgage for a 6 unit apt in NW Georgia. I’ve contacted multiple small banks/credit unions but ...
William Morgan
1 deal on 3 seperate properties - whats the best way?
I found a tired Landlord who wants to unload 3 of her (distant) properties. I would like to make her an offer on all 3 thereby solving all of her issues at once. I believe by doing so I can negotiate a better price....
Philip Williams
6 unit owner financed for 110k
Hey all this is actually my first real forum post. We are in the middle of purchasing a 6 unit for 110000. I know it is really cheap but it's in a very depressed area, the previous owner is willing to stay on as pr...
Guy Heath
Money Down Strategy
I'm currently living in an apartment and I want to buy my own home to start. I was referred to a couple of mortgage brokers who said I qualify, but I need anywhere from 3.5% to 5% of the loan to move forward! In ...
Raj Parwani
Multi family ownership
I own some condos but due to high HOA fees on some of them , the NOI is around 40-45% and with the loan it is very low around 27%. What I am more upset about is that the HOA keeps going up along with the special asses...
Zachary Gray
Cost Segregation and no cap gains
looking to purchase a duplex to live in one unit and rent out the other in the greater Boston area. I intend to live there for 2 years and then rent it for 3. Having lived in it for 2 of the last 5 years i would be ex...
Adam Rogers
Apartment emptying cost?
Hello everyone,
I am looking for some feedback on what to charge for emptying apartments.
So I have recently been asked to clean out apartments and haul everything off.
These apartments are trashed. And full of ...
Unai La Salle
Thoughts on Which Property Management to Use
Hi all,After much legwork, I have narrowed down my choice for a property management for a 5-unit property in Pilsen to two. I am having a hard time deciding and would appreciated your thoughts. Management A - they ch...
Janis Ski
CC TO FUND A DOWN PAYMENT?
Hello All, So I recently established business credit and obtained a few credit cards. I have heard several investors state that they have used credit cards to purchase real estate. I would like to know the best way to...
Brad Warshaw
Can I Quit Claim to LLC
If I own a condo and am behind on HOA dues can I quit claim my property to a LLC to protect me from liability?