15 August 2016 | 11 replies
But also you need to figure out which type of REI you want to do like flips (id advise against this here in our local market) or rentals (im a fan) or something else like commerical etc but obv you are just starting so stick to the less complicated stuff (being a landlord)Best of luck though in your journey though and just post when you got a question
9 September 2014 | 16 replies
Under the " learn " tab you will find a variety of tools- podcast, beginner guide, etc -Keyword Analyzer / alert tool - examples :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~CA, Sacramento, hedge, wholesaling , rehab, single family residence, creative funding , California, sub2 ( subject-to ) ,lease, commerical, property mgmt, etcSupposedly pricing in Sacramento, CA is going upRegardless , Welcome to biggerpockets
9 April 2018 | 7 replies
Unit Info: - Unit #1: Commerical space currently renting for $750 but should be renting closer to $1000.
21 August 2015 | 3 replies
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...
13 August 2013 | 16 replies
So in a down housing market, multifamily home prices may or may not correlate, and there could be less risk of a property being underwater and not having the ability to refinance.Is this 3-7 year term with a balloon the only option when obtaining commerical financing or are there more typical 15-30 year terms with normal amortization out there?
1 April 2009 | 5 replies
Take $15,000 out of each property not to exceed 75% ARV These properties are placed in a commerical line of credit at prime plus 1% on a 6 year ballon with a 7 year extension available.
19 June 2018 | 3 replies
I am ready to make a move on my first commercial real estate purchase and I'm hoping this post will give me some peace of mind. To give you some background, I have an insurance business located in Southwest Louisiana ...
7 June 2022 | 6 replies
Hey Orien, there are a lot of sutt under Commerical.
30 May 2020 | 39 replies
However you can get a local Commerical bank to do 20% down if PP is under 1M.
11 July 2024 | 0 replies
Hello Everyone,We are currently working a deal in Gulf Shores that is a little tricky. It's around 4 acres of land that could be developed into a cul de sac with ~10 SF homes.However the lot currently hosts a 5k sqft ...