I recently closed on my first large bundle commercial mortgage that comprises 6 of my two and three family houses. Up to this point, I have purchased outright, or refinanced with conventional residential loans, so thi...
I’m working with a wholesaler who needs to do a double close on a residential property so referred me to a commercial lender. The commercial loan terms are reasonable except I dislike the 5 year balloon. If the proper...
Good morning,
I am considering purchasing a quadplex that is in Commercial zoning. I am curious if I can use a DSCR loan on such a small apartment building? I know the cost associated with a DSCR is much higher than...
Hi everyone,
I am as told to post this question here but I apologize if it’s out of place.
My wife and I have built up a portfolio of 14 strs over the past few years. We have some capital and are looking to possib...
Hey everyoneI am new to the commercial Multi-family world and I'd be happy to get help finding relevant teams and contacts.Be happy if you can point me to the right direction to:1) Off market reliable wholesalers2) Br...
Hey everyone! I'm new to the BP community and this is my first post analyzing a potential deal.I came across an off-market mixed-use property in Western Massachusetts and want to get others' thoughts on whether this w...
I just completed my first deal for a buy and hold property that I am looking to rent out. I have a regular homeowners insurance policy on the property, do I need any additional insurance?
Hi my name is Cameron and I have been a BP member for a few years, I have only recently become active through the site. I am looking for my first investment property in the Southern NH area. I am looking to do a multi...
Hello,
A relocation to CA bay area seems imminent due to job and therefore selling an owner occupied triplex also seems imminent. I was initially considering selling my triplex and buying a single family in the bay a...
is there a way to get around the 10 loan limit for conventional loans? For example if I have 10 fannie mae loans, could I switch to freddiw mac or fha?Another option is to get loans in my wifes name. Currently all m...