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...
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...
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...
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...
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...
Currently, I am living in a flip house and own a 2 family house. I am almost ready to expand and purchase another multifamily house. My question is in regards to Commercial loans - What properties apply? How much mone...
Hey BP'ers
This isn't an investment question but more on how do I get into the commercial real estate industry? As in working for a CRE firm.
I'm 2 years out of school and work as a tax accountant.but have quickly r...