Greg W.
documents requested by commercial appraisers
Hi, I will be refinancing my 7 unit building soon and would like to know, what documents do a commercial appraiser request to understand the financials? Would last year's tax return be enough? Or do they need rent rol...
Amran Musaid
HELOC on portfolio
Is it possible to get one HELOC for my entire portfolio?
Guy Yoes
Buying 5 duplexes: Commercial or residential loan?
I have an opportunity to buy 5 duplexes for 500K (5@100K each). I plan to 1031X two of my current properties (225K total) to make the purchase. I have talked to several lenders and am not sure the best route to take f...
Sam H.
Seller won't show property W/O POF..is that normal?
I have recently contacted a listing agent and requested to view the property. I was informed that the seller would not allow me to see the property until I acquired a Proof Of Funds or a Pre approval ( which as far as...
Tracie Meador
Appraisals for apartment/sixplex
I have a building that has six units side by side that will be renovated and rented as studio apartments. This is in a rural area - was formerly a motel. Zoning is residential. This is somewhat of a unique propert...
Austin Nieves
Stuck - Two 4-plex rentals in Tucson, AZ
My partners and I bought two 4-plex properties in Tucson, AZ three years ago for $375k. They have been good cash flowing properties but the repairs have been more than we anticipated especially for our first investmen...
Kate Weinberg
investment advice - why you would pick 1 vehicle over another
i am at a crossroads in my investment evolution if you will, and am wondering why you would pick 1 investment vehicle over another given your experience. i am have been ready to move on from SFH for some time, always...
Ross Drucker
Refinance Conventional Mortgages to Commercial Mortgage
Hello all,I've been a member and viewer on BP for a while, but this is the first time I am seeking some help. I currently have 3 conventional loans on 2 rental SFRs and 1 two-family rental. I'm reaching the limits ...
Paul Magro
Potential investment property with illegal dumping on site
I am looking to purchase my first property this year as a buy and hold. I have found a property which is RC-2 zoned with a 1950's house that I will initially use as my primary residence, an in-law apartment and a sma...
Carl G.
Commercial Loans to LLC
As a few of you know, I'm working on getting my rental operation off the ground. I have an idea I want to bounce off you regarding loans for rental properties.
I will be forming at least one LLC to run this operatio...