All Forum Posts by: George Frye
George Frye has started 37 posts and replied 151 times.
Post: Investing in small multifamily
- Investor
- Albany, GA
- Posts 158
- Votes 24
Im just starting in investing in small multi family. I have 2 Quads Im looking at. Can anyone tell me what info is most important in doing due diligence. ALSO what kind of cash flow should I be looking for to determine if its a good deal?
Post: Force Placed Insurance
- Investor
- Albany, GA
- Posts 158
- Votes 24
Thank You for the recommendations.
Post: Force Placed Insurance
- Investor
- Albany, GA
- Posts 158
- Votes 24
I have a note I am foreclosing on. I need to place force placed insurance just to protect my investment. Any good recommendations?
Post: 144A Bond Funding Program.
- Investor
- Albany, GA
- Posts 158
- Votes 24
Originally posted by @Andrew Postell:
@George Frye since this is a 5+ unit question please post this in the multi-family forum. I think you will receive more responses on it there. Thanks!
Thanks Andrew, I did post in there but have not received a response yet.
Post: 144A Bond Funding Program.
- Investor
- Albany, GA
- Posts 158
- Votes 24
Has anyone in here used or discussed using the 144A Bond funding program to purchase multi family properties. If so what is your take on it and is it a good program to try and use?
Post: 144A Bond Funding Program
- Investor
- Albany, GA
- Posts 158
- Votes 24
Has anyone in here used or discussed using the 144A Bond funding program to purchase multi family properties. If so what is your take on it and is it a good program to try and use?
Post: Good sources for Multi Family Financing
- Investor
- Albany, GA
- Posts 158
- Votes 24
This is non owner occupied. The seller is willing to do up to 20% seller carry.
Originally posted by @Michael Facchini:
Would this be a non-owner occupied investment, or do you intend to move in? How much would you be putting down, amount of seller 2nd, and amount of 1st lien you'd need?
Post: Good sources for Multi Family Financing
- Investor
- Albany, GA
- Posts 158
- Votes 24
@Theo Hicks do you recommend working with those in my city or the city of the property?
Post: Good sources for Multi Family Financing
- Investor
- Albany, GA
- Posts 158
- Votes 24
Thank You @John L. I will look into them
Post: Good sources for Multi Family Financing
- Investor
- Albany, GA
- Posts 158
- Votes 24
I have been looking into purchasing a small multi family deal. I have a owner who will carry a second but I need to find a bank who will work with a 2nd. Can anybody recommend a bank, credit union, or financing that will work with a 2nd?