All Forum Posts by: Michael Iuculano

All,

I am looking at purchase out of state as I live in az which is basically the hottest market in the country and you cant really get a decent cap rate. What are some good states with decent growth that you can get a 8 plus cap rate for single family of multi family property? 

@Christina L., I am a hard money lender in Arizona and I can help. Do you want to give me a call? My number is in my mail signature. 

@Samuel Rogers, Yes, ofcourse. My number is in my profile signature. 

Have you ever considered investing in private money?

@Shaun R., 

It depends on the lender. Each lender will have a different threshold for risk and where they place value. Most lenders that dont care about credit will be more expensive and heavily predicated on LTV. There are other lenders that care more about credit and you can usually get cheaper financing, but will need to have more documentation and such.

Hi there. I am looking to market towards small multi unit owners for creative finance deals amongst properties where we can get a great deal. I am curious of everyones thoughts, opinions and experiences. Am I barking up a wrong tree considering most of these properties would be producing net income for most of the owners? Whats the best way to go here?