10 October 2015 | 16 replies
I'd just go basic on the heating/air unit and have someone pick you up a decent commercial unit (something that would be installed at apts like Concord brand) at Washer Specialites near downtown or one of the supply houses in town or someone who can even sell you a used compressor for outside, and all new stuff inside etc.
7 August 2015 | 80 replies
She continues to not pay, then you can reasonably evict, or deduct from security deposit (potentially) at the end of the lease.If she only has a few months left, call it education expense and get her out when the time comes.
19 February 2019 | 13 replies
As investors get older they tend to want more security and will accept less return for it.For example if someone is worth 15 million and 10 million gets 15% coc that is 1,500,000 annually pre-tax.
8 December 2015 | 2 replies
Only owe $6k to my business partner, was wondering in getting a bridge loan to secure a 2 family that I want to purchase and hold.
13 August 2015 | 13 replies
I currently own a security company in the Pittsburgh area and have been around real estate my whole life.
18 August 2015 | 9 replies
@Taylor Reichert When you have more experience you will learn that problems are opportunities.Your prospective seller(s) have a problem in that they are unable to pass marketable title.If it were me, I'd determine if it was due to a prior break in chain of title, a current secured creditor or a competing claim for control by another a heir or beneficiary.
20 August 2015 | 19 replies
The offering was a 506(b) and the minimum investment was $100k.An SPE (single purpose entity) was setup to acquire the property and we formed an LLC.I secured a bridge loan through a hedge fund who gave aggressive financing at 84% LTV and a rate of 6.25% I/O (interest only) and I was the loan sponsor.
12 September 2015 | 69 replies
I'm in the supply chain industry as well and know transportation is not an easy job!
6 August 2015 | 10 replies
So we are faced with the need to secure financing.
5 August 2015 | 5 replies
My guess is the loan is not even secured any longer or has some defect relative to enforcement.