All Forum Posts by: Gavin G.

@Daniel McNulty

Just making sure I understand this correctly. For a commercial multifamily agency loan, you can meet the liquidity requirement with non-retirement account holdings? I'd rather not earn 1% on $100k-$200k of post-down payment liquidity requirements. I don't mind holding down payment funds or enough to cover bumps in the road.

My question stems from having to wait longer than expected to do a cash-out refi, which will then seed my next commercial deal.

@Michael Bender

I think you can absolutely make $5k-$8k per month. If not, you're doing it wrong. Many syndicators offer 8% interest. If you're putting down $600k, you shouldn't do it for less. Otherwise, it's not worth your time. Yes, there's appreciation and paying down the mortgage, but those should be considered payment for taking the extra risk, time and effort.

@Kara C. I am looking at getting into the OKC multifamily market as well. Could you pass me your recommendation as well including why you recommend her/him?

I'm looking into investing in Ruskin.