All Forum Posts by: Matthew Ladner

Mark Lucido what's the best way to find the smaller lenders near me?

Kevin Dureiko the property is very nice. Newly renovated in a nice area with young professionals as tenants. It's the type of property I want. Rather than a low income area with crazy cash flow I want a nicer area with better tenants.

Mark Lucido that's pretty much what I need. What lender do you use? As far as a national chain bank or private?

In Mobile,AL area. Looking for any recommendations on banks that will finance mostly based off of the commercial buildings output rather than my personal info. I'm 22 and recently out of school so I do not have the multiple years of work experience with my taxes that would show I make enough money for a 300k property. Any decent ideas on smaller banks that may approve me?

Most of the buildings are pretty e commerce proof. There is actually a nail salon along with an insurance company and a few other national chains. Overall the deal seems solid. The building is fairly new with no need for repairs along with an up and coming mall to the area which will bring in more traffic flow as well. Also a disclaimer to the guys that posted a few days ago I was on vacation so I am sorry it took me so long to reply!

I am in the market for multifamily properties, but my agent sent a commercial property and the numbers seem pretty decent in my eyes. The asking price is 1 million for around 9,780 sq ft. It has 9 units that are all occupied with business and does a gross operating income of $120,000. The operating expenses are around 25k, so looking around 95k net income. For only 9 units that seemed like a good deal to me, but I am not aware of the risks with commercial property along with if those are good numbers. Thanks for any help.

I am in the market for multifamily properties, but my agent sent a commercial property and the numbers seem pretty decent in my eyes. The asking price is 1 million for around 9,780 sq ft. It has 9 units that are all occupied with business and does a gross operating income of $120,000. The operating expenses are around 25k, so looking around 95k net income. For only 9 units that seemed like a good deal to me, but I am not aware of the risks with commercial property along with if those are good numbers. Thanks for any help.

My name is Matthew Ladner. I am 22 years old and will graduate college with a degree In Finance in December. I am also very interested in the residual income that can be produced through real estate. My goal is to help out in anyway possible. I know that by helping others in the RE field I will gain valuable experience and knowledge. I am located in Mississippi, but would love to help anyone who needs it in any area. Please feel free to email me, so we can begin what hopefully could be a long friendship/partnership. Thanks everyone!