Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago,

User Stats

7
Posts
0
Votes
Quang L.
  • Real Estate Investor
  • Austin, TX
0
Votes |
7
Posts

please analyze this deal

Quang L.
  • Real Estate Investor
  • Austin, TX
Posted

A retail building right on highway of a suburb of Metroplex. It is ~9% CAP with 100% occupancy. A corporate lease with 4 year left occupied 70% of the property and several smaller tenants occupied 30% with ~3 years left. Current lease rate is low to average for that area.
Line up loan directly from bank with 75% LTV @ ~4.5% 5 year term, 20 year amort. LLC is set up to hold it and bank is ok with it.
I am still concerned I may screw up somewhere on 1st commercial. Any tips on what to do in inspection phase?
TIA

Loading replies...