Hello all. I've come across a 5 unit 1 bed 1 bath property that is commercially zoned. I spoke to lenders to try to acquire a loan on it but they said I cannot purchase a 5 unit+ and live in it as my primary residence...
Are there any banks writing Home Equity Lines/Loans on non-OO Multis?
Has anyone had any luck with banks/whatever lending at rates at 6% or below on their multi family properties? I've had no luck with 15 or...
The property is 3 buildings each with 2 Townhomes. I received a quote from my primary insurance broker at State Farm. He carries my auto, home, umbrella, etc. He underwrote it as 3 residential buildings. Any reason no...
I've been trying to get funding to buy my first rental. I've reviewed and talked to multiple people about different strategies. Many of them interesting. I wanted to know what people thing about commercial loans as th...
I need to Cash out refinance my duplex that I am currently living in the how is worth about 120k. The house is currently owner financed at 6% and I owe them 64k. The Name on the deed is my LLC. I want to do some impro...
Hello everyone,
I am looking to invest in my first property but I need some advice on which way to go for the loan. The property will be probably bea multi-family 2 to 3 units and it won't be in my home state. Would...
In Columbus, OH. Next step in my business plan is house hack, either a 3 unit or 4 unit...ideally finding one that is distressed, buy at a discount and then rehab before moving in. I was leaning towards a 4 unit, bu...
Hello Everyone,This is my first post, sorry in advance if this question already exists and I failed to due sufficient research before asking. I do believe my situation could be a little bit different than others and t...
I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
I’m looking to pull some cash back out and purchase more properties while still cash flowing. I purchased 2 SFH and 3 duplexes with 25% down in the KCMO area. One SFH is worth about $35k more than purchased and the ot...