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Recent content by REIGirl

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    Getting a residential mortgage for a 6plex

    Hi Mike, thank you for your reply. I have an agent working with me but was referring me to commercial lenders. I will like to do this with a lender that wont charge fees. can you please send me the lender contact if you don't mind. Thanks
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    Getting a residential mortgage for a 6plex

    Greetings! Is anyone aware of lenders that will qualify a 6-plex under the residential guidelines as opposed to commercial. I would like to avoid all the extra cost that are involved in getting a commercial mortgage. Thanks!
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    How best to invest 300-400K???

    Wow! Great insight!
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    How best to invest 300-400K???

    Hi Corey, Thank you for this information!
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    How best to invest 300-400K???

    Hi Cory, Thank you for your reply! Yes, we were thinking a building around that size would be a good entry point for us getting into multifamily. We were also thinking about something we can fix up to add value
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    HELOC vs Refinance??

    LOL, a loaded question indeed! I suppose I'm heading down the path of analysis paralysis :) Thank you again for your response!
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    HELOC vs Refinance??

    Thank you! Do you have any suggestions as to what might be a better investment other than apartment buildings - without too much risk (I know that is subjective) I'm trying to figure out how best to invest our money after we refinance so it just doesn't sit in the bank doing nothing
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    HELOC vs Refinance??

    Thank you for your input. We plan to refinance and will likely invest the money into an apartment building. Excellent article too!
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    How best to invest 300-400K???

    Hi Thomas, Thank you for your reply. I'm not sure if you intended to attach a link here, or if your post was a question for others? :)
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    How best to invest 300-400K???

    With all the wealth of knowledge and experience within this forum, I am wondering how best to invest 300-400K. My primary/initial focus has been on apartment buildings, I would also like something that cashflows well, however, I am open to suggestions. Also, what would you say the anticipated...
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    HELOC vs Refinance??

    Hello! My husband and I are planning to invest in a multifamily building/apartment building and to access some capital we are wondering which would be the better approach, refinance our primary residence with a mortgage or get a HELOC? The mortgage interest rate from the refinance will be...
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    Any thoughts about buying commercial residential in ultra small towns

    Indeed, there are many variables to consider. Thank you for the link to the excellent post!
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    Any thoughts about buying commercial residential in ultra small towns

    Thank you for your reply and advice! Yes, I was referring to residential rentals, specifically I was considering either a townhouse complex where we would own all the units, with the exception of one. The townhouses are registered as condos, but they are being sold as a whole. We may also...
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    Any thoughts about buying commercial residential in ultra small towns

    Thank you for your insightful feedback! This is very helpful information :)
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    Any thoughts about buying commercial residential in ultra small towns

    Hi Michel, Thanks for your reply! Lots of good questions and points to definitely consider! I'm starting to see more red lights in this particular situation than green lights. (But I have to admit, the price is definitely tempting :/ ) You mentioned financing, from what you know, is it...
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