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All Forum Posts by: Jeff S.

Jeff S. has started 4 posts and replied 8 times.

Hey Gal,

Would love to link up. For me, I can't meet up in groups right now as I have a high-risk family member. However would love to connect on a Zoom call. 

Jeff

Thank you Joel!

Thank you Mav!

Hello Everyone!

I recently picked up a Bank NNN property in OH at Auction. I was curious if anyone has had success in getting small commercial loans with a competitive rate, based on the lease in place I would be seeking 5 years / 25 yr amortization. Most of the lenders I have seen look at 500K+ mortgages, this property I would be looking to do an LTV 50% at a $530K purchase price. If you have financed a small property like this before and have a lender you would recommend or advice, it would greatly be appreciated!

Thank you for your time!

Post: Finders Fee for Offmarket Multi-Family

Jeff S.Posted
  • Walpole, MA
  • Posts 8
  • Votes 0

Thank you Alexander & TJ!

Post: Finders Fee for Offmarket Multi-Family

Jeff S.Posted
  • Walpole, MA
  • Posts 8
  • Votes 0

Hello BP Community,

I am working on ramping up my RE portfolio and someone through my network is working on getting me an off-market deal with their landlord. I am trying to better understand how to reward this person, as they are putting a lot of effort into getting the landlord to meet me with me. As I understand, finders fees are mostly illegal, how would you go about this? This person definitely deserves something and she is not a licensed real estate agent/broker. I want to do things right and I appreciate your valuable input. Thank you for your time!

Post: Buying Multi-Family 50 Units+

Jeff S.Posted
  • Walpole, MA
  • Posts 8
  • Votes 0

We have the capital to spend! Buying Multi-Family 50 Units+ Nationwide in A/B Areas, Value-Add. Our team has closed over 3,000+ apartments. We have track record to close large deals. Submit your deals! 

Hello Everyone,

I am interested in purchasing a rental property that can support professional management. I am finding the northeast more challenging to get into buying a large unit property. My question, buying properties in other states does that create any major hassles, nexus, or have you had a lot of success with it? Any feedback to steer me in the right direction. I appreciate your time and input!