What do some of you see as a fair interest rate to pay an investor to be a passive investor and provide private debt equity for a single family build? I will raise say 25% of what I need from private investors on a pr...
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
Need help looking for a family member to get a heloc loan but seems to be having trouble finding a company who can do it on this property. If anyone has contacts they think could help lenders, etc. Please let me know ...
I have been calling all day... I mean all day...
and banks do not seem to be offering HELOC's loans on retail properties anymore.
I used Ped Credit in the past, but even they have stoped.
Any suggestion for banks ...
I wanted to get your opinion on a financing situation where borrower/buyer is looking to finance at 65% LTV - value is under 300K.The seller is willing to finance/note for 40% of the money at 2nd lien position. We wo...
Hi guys we just received our for rent payment! As I am accounting for vacancy, capital expenditures and repairs, I have read to use around 5% for each.I am not sure where the 5% comes from. Is it 5% of the rent?
Hi,I closed on a SFH in TX as a primary residency. Closed on June 1st, and now I'm seeing some issues with the HVAC unit.On the inspection, the inspector noticed that the cooling air coming out of the vents weren't c...
Thank you in advance! We're rehabbing a 6-unit in Bridgeport with a built-out attic space; Ahead of starting the refinance in January, I wanted to ensure the two 3rd fl apartments would receive the proper bump in in...
Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...