All Forum Posts by: Brady Hastings

Our company does build to suit projects and leases them out to other businesses. I am wondering if anyone know how the bank is going to evaluate what a build to suit project after completion and being fully leased up is worth. Let's say the building is an industrial basic steel building that total will cost $500,000 to build, and it's a 10,000sqf building renting at $.06 per square foot. It has spots for at the most 4 tenants. After it's all leased up the building will be cash flowing $6,000 per month. So what is a formula or what do they look for when they evaluate the property is we go to refinance after a year. Let's say we put $100,000 down payment and financed the rest at 4.5% for 20 years. I am just figuring out how to scale our business by using private lenders and trying to get them their money back after a refinance.

@Matthew King @Account Closed thank you guys for the input and I like what education they offer along with the networking opportunities. 

Can an investor go and be a part of a CCIM or is that only for agents and brokers?

What is CCIM?

I can't do the brrrr strategy? Borrow money then about a year later use the refinance money to pay the investor back? I mean isn't that one method Rich dad poor dad teaches

I am going in with my dad on a commercial property that will have two tenants that have signed a 5 year lease. I am 25 and with no money, how can I come up with 100k to go in with my father? And if I do use a private investor how will I be able to repay his money with out it taking years to do so?

Hey guys, 

I am looking for a great commercial broker in the Idaho, Utah, Montana, Wyoming areas. We are looking for brokers that have good connections with retail businesses so that we can build to suit buildings for them. Please let us know of any that you have worked with or know of that is very good in this area of expertise.