Marquita Hightower
Rental Property Question
I was told by a private lender told me we could purchase a property through our LLC and rent it to ourselves for a few years then buy another house and keep renting the first one to a new tenant or refinance into a ne...
Eric Zawadski
Buying a property to use as an office
My partner and I are moving to the city soon (Burlington VT) and are going to be house hacking in a fairly small apt on one side of a duplex we are going to purchase. We currently have a home office in our house, but ...
Timothy Smith
Financing mixed-use 4-unit -- mortgage opinions wanted
I'd love some feedback as I shop mortgages for a mixed-use building I just put under contract. The plan is to convert the commercial space (currently 1 of the 4 units) to a residential unit, which I've already cleared...
Connor Koehler
4/5 Unit property and how to finance?
Hey everyone,I'm looking at a property that will end up at an 8 CAP for a 5-unit in an A-class area, value-add deal. The main unit is a quadplex, and the garage is converted into a studio apartment to make the 5th uni...
Jonathan Bombaci
5 Family in Nothern NH -
Investment Info:
Large multi-family (5+ units) buy & hold investment in Bethlehem.
Purchase price: $220,500
Cash invested: $30,833
Off-Market deal that I found by e-mailing people with open apart...
Andrew Puglia
Creative financing tips needed!
5 unit property on 17 acres in Hunterdon County, New Jersey; the 3rd highest median income county in New Jersey (~$80k). Listing price is $440k with an assumed purchase price at $400k + $100k rehab + $12k closing + $5...
Andresa Guidelli
Price reduction or credit at closing
Hey folks,
We have a commercial deal under contract and after inspection have uncovered (as expected) needed repairs that not found before signing the agreement of sale.
When renegotiating, would you go...
Gregg C.
Bank loan package template
Hello BP community,
I am venturing out right now on my first commercial real estate deal and need to get my bank loan package together. I own a handful of residential properties already but never done anythin...
Christian Thompson
Comps on 3 duplexes. Residential or Commercial?
Hey Yall!
I am currently working on a off market deal. It's 3 duplexes. They are right next to each other with the third duplex being behind one of the others (2 duplexes on the same lot). I work with seller. He is ...
Angel Meraz
Multifamily - 8 Units
I've only invested in properties of 4 units or less. I'm exploring an opportunity to buy an 8-unit complex and was wondering about the cash-out refinancing and how the banks determine the value of the property. I've r...