All Forum Posts by: Jose Escobar

Hello BP Community,

I am looking for my first commercial property and came across a Office Condo that is in a Medical Building. The condo is a descent size of about 1,300 sqft and is right next to a hospital. My first questions is, where do I start? Are their any favorable ways of financing this condo? What are the fees usually associated with owning an office condo (HOA,etc)? Thanks again for your time.

Hello Biggerpockets Community,

I had a question in regards to Cash-Out Refinance for a 3 family investment property here in Providence Rhode Island. I called a number of mortgage lenders and everyone is telling me that I can't go higher than a 70% LTV for a Cash Out Refinance anywhere. Is this true?

When I purchased the property I put 25% (Required for an investment property) a couple years back and now I want to recoup that down payment to purchase another investment property. Am I looking in the right places or is it just the reality of the market. Thanks again for your time.