All Forum Posts by: Anthony Greco

@Johnoson Crutchfield

Well I will just say it since I did not see it mentioned. It seems you would be planning to do a 1031 exchange into a new property correct? If not I would recommend looking into this before making the sale.

I have tried to search for this type of question and I keep getting random stuff not exactly answering this question either that or I’m putting in the wrong search terms.

Hi BP, Anyone with experience on getting a purchase and sale agreement signed long distance. What are the best ways to go about it? Scanning in the document and emailing it then getting it signed and sent back? I figure docusign probably works as well? What are options other than fax basically.

I have been thinking of using it as a strategy to take the additional cash flow and dumping it straight back into the property at a more rapid pace to improve the property enabling the ability to raise and stabilize rents quicker therefore increasing the properties NOI. This is not meant to be used as a means of squeezing into a deal without the ability to pay down principle and interest in a traditional loan but more of a way to surpercharge the ability to turn around a mismanaged property. I am a very risk adverse person and would only go into a property knowing that in the worse case scenario the property could still cover the debt.

I wanted to ask anyone in the Las Vegas area if they have any recommendations for an investor friendly attorney well versed in real estate (of course). Your recommendations are appreciated!

Hi BP, I wanted to ask if anyone has experience with or insight on the ease or difficulty of getting an interest only loan on a commercial multifamily property? What does it usually take for a lender to agree to these terms and or what are they looking for?

I’m guessing you narrow results down to a zip code on a 30/60/90 timespan of homes sold with 100% equity to locate your cash buyers which in turn are highly likely to be investors? Can anyone confirm this is a correct method?

Does anyone have a strategy in using listsource to find your market areas by locating where your competition is and where homes are being bought by other investors? I would love to hear your strategies and how you filter your results.

@Colby Fryar There is a meet up I believe on Oct 26th specifically for MF investors that I can't attend due to my work schedule but I have attended a meet up and I am looking to go to more. Mainly have found many folks that are in the SFR flipping, wholesale, wholetailing, assignment game.

I know the multifamily space in Las Vegas is kind of a unique one versus a lot of areas but I am surprised nobody had any response! I have yet to meet someone still.