All Forum Posts by: Michael A. Davise

Definitely check out the upcoming webinars to get a more hands on education here! I've learned a lot with the most recent ones.

You can ask questions right there on the spot and learn new stuff as well.

Good luck!

 The place was just completely rebuilt and renovated entirely and is completely vacant. The cash flow for that area should bring in at least $7,900.

The seller is able to get a bigger return on investment with this deal than if he were to try to sell it to someone else conventionally. He's able to come out with and extra 90k with my deal. He's an investor himself and usually does fix and flips so this is a much better flip for the business.

I also need to present a terms sheet. I'm having trouble finding an NYC lawyer to do the little thing I need to wrap this deal up.

I've had an accepted offer on a 0% down seller finance deal and now the seller is asking for a Terms Sheet. I've been having trouble getting RE attorneys on the phone to do a quick contract revision and Term sheets. Anyone have any advice?

 Hi thank you for chiming in! I'm looking for commercial multifamily deals.

I'm gathering up lots of big seller financed deals out here in the Bronx and I need an attorney who can review my agreements and do quick arrangements with the seller's attorneys. The review work im expecting shouldn't take more than 2-3hrs a deal. Any referrals?

I've had an accepted offer on my second property now: a huge seller finance deal. Now what?

I have a one 4 family in NJ so far and now I'm tackling NYC in the Bronx with a big multi family over 3 times the price of my owner occupied 4 unit investment in Irvington, NJ.

The offer was accepted at 775k for 0% down with a monthly payment of 4k for 60 months. The deal I offered also comes with a $16,700 balloon payment every year that $16.7k going towards equity in the house for a refinance at the end.

i want to secure the property with a deed and move efficiently. I've found an NYC RE attorney to help with the terms sheet and everything else, but id like to know how to avoid getting nickel and dimed by my attorney or seller so i can do what i can on my own to save money. 

Feel free to ask question or offer advice! Thank you!

This will be my first event! I've listened to so many of Josh and Brandon's podcasts so many times that I'm sure

It's gonna be just like meeting mickey mouse haha. Totally surreal! Excited to meet everybody downtown!

Looking forward to seeing you all there!