All Forum Posts by: Chakits Krulsawat

How are investors syndicating deals without the lender requesting everybody's credit history?

I contacted a Wellsfargo lender for a Commercail loan and I told him that I wanted to purchase a 20 unit building and that I have 35% to put down and some of the down payment would come from my father in law. The lender told me that they would have to run his credit. I thought I could just syndicate the deal. Why is the lender requesting this when I want to take on the deal myself? Anybody?

Should I buy now or wait till the market collapse? I'm financing a deal and the ROI 10% but I feel if I wait for the market to collapse I would get a higher return and won't run into negative equity. What would you do?

I have a 4plex under contact for $148k at 25% down at 30 year fix rates at 4.25%. I will call cash flow $550 a month. RIO is 15%. I know this is a good return but want to know if I should wait a few more month as I know the economy will collapse and I would be able to purchase it at a lower price.

Does anybody know how to create a pitch book or have a template for investors? 

I have a 401K that I would like to row into a property. How much or what percent can I row over without paying taxes on the money?