Andrew Freed
Who says you can only get multis with cash?
My buddy and data geek, @Ian Hogan, ran some cool data from the MLS on methods of financing for Massachusetts multis. To our surprise, most multis are financed with FHA and Conventional financing at a whopping 77%. I ...
Henry Clark
Self Storage- Lockout equipment
My wife retired and has made some changes. Great having a second set of eyes looking over everything from a fresh perspective. Went to the Las Vegas Storage show and just recently the Iowa show. Always getting good...
Edward Stephens
How to interview commercial lenders?
BP Family - Soon I’ll be in the market for a commercial loan. I’ll be buying a 5-20 unit apartment building. I am a residential real estate agent, so I have a lot of experience talking with residential lenders abou...
Nazgul Tataeva
Have duplex and live in one unit-Cash out or Heloc, refinance ?
Hello,We bought a duplex 7months ago and living in one unit and renting other unit. Now, we would like to buy a house with a good school ratings and rent our side too. Market is hot now and I was thinking to cash out/...
Chris Irvin
Multifamily BRRRR loan question
I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method. If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...
Annushka Alicea
Advice for obtaining a HELOC
Hi Everyone. I am looking for some advice on how to obtain a Heloc on my primary single family home. My morgage was in forbearance but I have paid off and brought it current. My credit score is 600-605 range but I am ...
James Sargent
BRRR requirements 1
Is the refinancing for a BRRR (in order to get approved) based on personal finances and taxes or the asset? I know I was denied a HELOC before even though I had 300k in equity for my personal property, due to filing p...
Jonathan McEntee
AZ STR investors! What type of financing has worked best for you?
Out of general curiosity, what form of financing have you used in the past for single-fam STRs? what has worked best for your investments? Also, what areas/zipcodes of the Phoenix metro has been most profitable for yo...
Burt L.
Finding DSCR Loan Brokers - I Keep Reading How Important They Are
BP Nation,I keep reading again and again how important DSCR Loan Brokers are, but have been unable to find one by searching. How can I find one - I'm in Colorado but know there are many national DSCR lenders. The 4 un...
Account Closed
Excavate land costs vs Downward slope hillside
Question for seasoned developers.
My partner and I develop in the Los Angeles area and we are currently building our first project on hillside downward slope.
With that said we looked at another lot today but it i...