All Forum Posts by: Paul LaSpina

Do you know the “market” cap rates, although this is still considered “residential “ and should be based on comps

@RichardHowell What state are you in? What type of lender, debt? Equity? What amount?

Brandon Swartwood It’s all about Cap Rate with commercial props, there is allot of important data that you’ll need eventually but you can do a quick preliminary analysis with a few simple data points. If you’d like to IM me we can discuss

@ DemitriMetropulis Your deal is a residential deal only and solely based on comps of recently sold similar properties not income of the property, it’s nice that it can potentially cash flow but that’s not how residential props are evaluated, contact me directly and I can help you

You are evaluating a “residential “ property and using “commercial “ income method. Have you used any Comps to determine value? Are you purchasing at a low basis? Do you know an ARV?

@Darrion M. Woods

Hey Darrion, what is it you are looking to do? are you the sponsor/operator or are you the funding?

@sethwilliams Hey Seth, yes have a private investor (always looking for more!, I manage a commercial RE fund out of NYC) Am curious to see how other “out of state” funds engage their lenders Thanks for your help and if you’d like to discuss any deals or funding sources would be happy too. Paul L

@JohnS Thanks for the response, yes, I’m talking about starting at step 1 docs and so on Thank you!

@mannysalce Where are you looking to be on the investment team? Are you the operator? Lender? What is your experience level? Let’s talk, I’m currently picking up properties in PA Paul L

@Tina Thompson

Sure thing Tina, let me know how it goes...