I’m starting the process of doing a 1031 where I’ll get about 300k to put towards the the next property. I’m really trying to get to the top in of my buy window (1.1m). One thing that I’m seeing it that large multi un...
Ok, so I'm closing on a townhouse this coming week and the lender I've used (small local bank in that town) has asked me if I want to open a checking account with them. This is the second time in the past month that ...
I would like to raise private money from investors I know personally to syndicate a commercial multi-family project(under $1 million and between 2-12 units). I would act as managing partner. I have never syndicated a ...
Hi all-I have a 800+ credit score, which I am very proud of. I own properties with a higher rate than I like. They are in high-end areas and generate juicy income! So the trade-off is worthwhile. I am on the lookout...
I plan to invest in commercial real estate by the end of the year but I need to raise money for the downpayment first.
If I borrow money from an investor for the downpayment, would I be able to refinance the property...
I'm looking to pick up my first property and I'm trying get a good deal on it, so I've been cold calling distressed sellers in the Houston area. One common distressed seller I've been finding are landlord-managed mult...
Hi BP
I'm confused, what are the terms available for commercial loan?
Is it just 5 and 10 yr?
Are there 15, 20, 30 yrs?
It maybe the bank we were dealing with, I'm under impression its 5, 7, 10
Balloon, Arm
Is th...
Hi Bigger Pockets members! First of all I want to thank everyone on here who have posted and been active on this platform, its been a huge help to people like me who are new and needing all the guidance we can get.
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I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
I've hit my 10 property limit with Fannie Mae: I invest all single family buy and hold homes. I've had several bankers say they'd loan more to me (on thier commercial side) I'm curious if anyone has successfully used ...