Dwight Cook
Lenders for Multi-family investment properties
I am looking into a duplex that costs $60,000 and I have $10,000 currently to invest. The only problem is I cant find a lender that is willing to Finance a mortgage because I will not be living in it. I have excellent...
Neil Fedorovich
1st time rental investment
Hello. I just joined this group as I am looking for advice on purchasing my 1st investment beach condo. I am in contract and trying to decide the best options for the loan and down payment. I want to use my heloc f...
Jeremy Lane
Financing
Hello, I'm an investor out of the Atlanta area. I currently have two rental properties ( one out of state) and my primary residence. I'm interested in financing another property soon. I've reached out to several le...
Phil Capron
13 Unit Owner Financed Deal
Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $910,000
Cash invested: $5,074
13 unit multifamily property
Owner financed 6%, 30 year am
...
Michael Rivera
Commercial mortgage - pros and cons
Hi all, Planning to take a commercial mortgage. But, before that, I would like to know the pros and cons of using it. If anyone of you has used it, kindly share the details. Would like to ask few ques...
Shantel James
Owner financing question
For owner financing, can you put in the contract that the buyer has try to refi within a certain timeframe? If so, how would that look and how to enforce?
Thanks!
Craig Weidhorn
First flip, need renovation financing advice
I just bought my first property well below market value. According to multiple real estate agents, once renovated it will be worth hundreds of thousands over purchase price. That said, I’ll need to invest about $100,0...
Samuel Luebbe
Buying other half of duplex
We own half of a duplex in the Midwest. Recently the owner (also the builder) of the other side has decided he does not want to own as much properties and wants to sell some of his portfolio. His agent has reached o...
Henry D Griffith
Subject-To purchase and loan servicing
Greetings, I have a very unique opportunity to purchase a valuable property Subject-To the current financing in place. I remember hearing on one of the early BiggerPockets podcasts that the guest had a way to have the...
Account Closed
Commercial Loan Underwriting Problem
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...