All Forum Posts by: Craig Garrow

Up Top! Happy holidays!

@Daniel J Lopez All of the above, and “don’t quit on yourself.”

Still poking around for a copy, if anybody has any leads. Thanks!

Still poking around for a copy, if anybody has a lead. Thanks!

@Ronald Rohde Holding for investment for now. May occupy one of the offices down the road!

I’m currently under contract to buy a small office building downtown. I have a relationship with the seller, but was able to get the seller to carry back a 15% second mortgage, at 2% interest, with no payments due until a balloon in 3 years. I could’ve gotten the whole 25% carried back, but the bank required me to have 10% of my own money into the deal since it’s strictly an office building.

Sort of forgot about this - if anyone has a copy they’d like to sell, let me know. I need some light Saturday night reading!

@Craig Cruz Call Shawn Cunningham, at the Cunningham Group (I think they’re RE Max) He’s a very knowledgeable guy, and they do lots of investor business, and property management if that’s anything you’re looking into!

I had an interesting opportunity come across my desk. There’s a small commercial property located in the next town over, that houses a small laundromat, a single bay car wash, and has an apartment above that. I get the gist that it can be bought “right.”

I’m waiting on P&L’s from the listing broker, but what else should I be looking for? I have done apartments and self storage, so this is a little outside my core competencies, but if the price is right, I’d like to investigate it more.

Thank you in advance!

Would anyone have an offering memorandum template that they wouldn’t mind sharing? I am trying to create a sales packet for two commercial properties we are in the process of listing, and this would be super helpful!