All Forum Posts by: Dave Steadman

like you I was excited about the terms and the low interest.  I don't have good feeling about signing away my God given rights to how I operate my business. the language is fiercely intimidating .  As for me I will pass on this loan. 

Hi

Have you personally worked with section 538 loans. Basically loan for low income with 90ltv. 

FtIf so how does it differ from traditional loan 70 ltv

Any good books on development and apartment investing

Hi

Have you personally worked with section 538 loans. Basically loan for low income with 90ltv. 

If so how does it differ from traditional loan 70 ltv

Any good books on development and apartment investing

Too high ... Shop around...

@Jennifer Brown. Consider Greg gentiles at suntrust or Marc at cornerstone bank I have done 15 percent down on my invest properties. Rates were 4.7 to 5.3

thumps down .. nothing beats youtube  and reading over a 100 bucks on a subject.  as the good book says use what's in your hands(reference to Moses).  pulled equity from my owner occupied home and now have  5 single family rentals all without giving away my family's wealth( on a 5 figure salary).  wont judge anyone, but frankly sometimes all we need is a little faith and some  action and God can multiply our efforts.

This was one of the most informative threads on the logistics and nuances of commercial investing.Canesha big up for getting this opportunity. Any good books on commercial multifamily investing?

Count me in. What are your goals?

Michael ealy. I really enjoy your post. Its truly inspiring to see a face to this level of wealth. I'm convince single family is tedious process in the pursuit of wealth building. but I can't complain because I'm averaging 15 percent or more in returns. I have yet to see the incentive to transition in the unknown call multifamily. But I'm really proud of u. Big up and God's blessings

Respect ...keep inspiring.