Michael Williams
Raising capital (Private lending)
How would I be able to find a private lender for a commercial property deal. It’d be for my first apartment deal, should I hire a securities lawyer? Do I need to create an LLC? Looking off a money partner or someone t...
Alex E.
experience requirement
Hi,I just found out that part of the requirement to get a commercial loan for an apartment complex is to have a minimum of 5 years experience managing a large multi-family property, or something similar. Is this requi...
Andrew David
Finding The Multi-Family Projects
My partner and I are looking to invest in multi-family and we are having difficulty finding properties to invest in! Currently we are looking for 5-50 units deals. We are located in southern New Jersey close to Philad...
Account Closed
Tax implication on buildings over 4-units
Greetings,one of the agents I work with in mid-Hudson valley (Putnam and Dutchess) keeps saying "well, because it's over 4 units there are tax implications..."On the question "can you elaborate", I got an answer "well...
Wells Lange
Small apartment building financing
What are my options for financing a small apartment building (5-10 units)? Will I only get a loan to an entity? What LTV should I expect and what other issues am I going to run in to?
Greg Robinson
Next property? What would you do?
Currently looking two properties first is a mixed multi-unit 5 plex with a commercial space that requires some lots of TLC in a small northern Ontario market. Purchase price is $15,000 and we plan on putting in $65,00...
Jason NA
Lender who calculates LTV based on appraissal not purch $
please dont tell me that it cant be done because ive done it here in CA. That said, Im looking for a bank who loans on 4 unit buildings in NY.
Roy Williamson
Is a 50% down payment required to buy 5+ unit properties in AZ and NV?
A friend is looking to purchase a 5 unit or more apartment complex in Arizona or Phoenix. I know in California anything over 4 units is considered commercial property. Does this rule still apply in AZ, NV and other s...
Edward Engle
Introduction - DC area
Hello BP!My name is Ed Engle and I've been browsing BP for some time now but never posted a formal introduction. A little about me: I'm based in the DC area and have been in the commercial real estate world for about ...
Dave Jackson
LLC, Land Trust, or Umbrella Policy
Okay guys and gals, I have read SO many forum posts about land contracts, LLCs, S-Corps, etc. However, I can't seem to figure out what is best for my situation. I am not managing my own properties, so I don't need t...