All Forum Posts by: Francis Louis Vogel Jr

Great read. Thanks

Great post. Education if from birth to the grave.

Christopher,

Your first question is why is the property for sale? If the seller tells you they are tired of making money for various reasons watch out. As far as 100% loan to value financing is does not exist you need skin in the game, experience and cash reserves to purchase a commercial property.

Daniel:

Excellent goals good luck!

What a great post. It's refreshing to see great news. Congrats!

Concerning contractors use referrals and check out them out for current insurance and license's.

Chris,

Unless you're paying cash, your lender [bank] is going to require an appraisal. For a primary residence home purchase as part of your due diligence you should spend the few hundred dollars on an appraisal.

Chris,

Excellent post question.

First you need to do the financial due diligence of the subject property prior to making any offer. Start with the seller signing a 4506t IRS form this will give the the IRS tax information about the subject property. If the seller does not want to provide any financial information then move in. Forget about the appraisal, only the lender or bank will order it. Don't waist your money.

Russell,

My firm has capital sources that have 80% LTV purchase financing for cash flowing commercial properties.

Reach out to me if you're interested.

Winston Rowe and Associates

Cassidy,

Looking forward to a completely open economy this year.