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All Forum Posts by: Mautrice Walter

Mautrice Walter has started 4 posts and replied 10 times.

Post: Looking for a lender that lends on small multifamily properties.

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

yes

Post: Looking for a lender that lends on small multifamily properties.

Mautrice Walter
Posted
  • Posts 11
  • Votes 4
Quote from @Alex Bekeza:

@Mautrice Walter

2-4 units will be easy with a huge array of options.  When I hear small multifamily I'm curious what price range and unit count you mean.  One thing that has made us unique over the years is the ability to structure 30 year fixed terms on 5-20 unit apartment buildings as low as $250k loan amount (most 5 + unit lenders want minimum $500k or $1M or if they do smaller they only offer short terms like 3,5 or 7 year money). 


 Lets connect next week I have 2 units I'm looking at in Georgia.

Post: Creative Financing for Mobile Home on Land

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

I have never done a subject 2 deal.

Post: Creative Financing for Mobile Home on Land

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

Good Afternoon,I am looking to get a property under contract. It's a .97 acre with 2 mobile homes, the owner still has a mortgage on the property and wants to sell it to me for the same terms and price.

what will be a good creative way to get this property under contract?

Thanks,

Mautrice Walter 

Post: Looking for a lender that lends on small multifamily properties.

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

Hi Everyone, 

looking for recommendations, on lenders that lend on small multifamily properties in Atlanta.

Sincerely,

Mautrice Walter 

Post: [Calc Review] Help me analyze this deal (9 Mobile homes on land)

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: [Calc Review] Help me analyze this deal

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

@Lara White Hi Lara, I am looking at 9 properties in OKC, they are all mobile homes on land fence in with .5 acre each.

I see that you are experienced in RE investing and I would really like your opinion on a deal. Got a few minutes tomorrow evening or anytime at your leisure. Would love another set of eyes to look at this deal.

Sincerely,

Mautrice Walter

Post: [Calc Review] Help me analyze this deal

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

Tim, thanks for the feedback, would love to send you another deal I am working on in Oklahoma

Post: [Calc Review] Help me analyze this deal

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

@Tim Herman   I ram budgets to get my numbers, it's a 10 unit multifamily in Birmngham, Alabama. I haven't confirmed the property management fee of 7%.

Everything is separately metered, I will check on the lawn care, but would that be covered in my maintenance fees.

Post: [Calc Review] Help me analyze this deal

Mautrice Walter
Posted
  • Posts 11
  • Votes 4

View report

*This link comes directly from our calculators, based on information input by the member who posted.