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31 October 2024 | 0 replies
In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.
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6 November 2024 | 9 replies
Thanks so much for your help in advance I would see if you could do a rent to own or seller finance. you are going to have trouble getting financing without income for a primary residence as the lender has to follow federal guidelines and your ability to repay - which if you do not have income that makes it challenging to qualify.
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14 November 2024 | 24 replies
There are no memberships, no mortgages (for you to qualify for) and once you invest; your work is done.
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8 November 2024 | 17 replies
Abatement would qualify.
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7 November 2024 | 30 replies
I use Facebook groups a lot but vet the contacts that I find there with caution..we do have a property manager at moment .She has had no luck yet finding viable qualified tenants unfortunately .
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5 November 2024 | 17 replies
I own and manage mostly class B and B+ single family homes and condos, but I have heard that evictions have ticked up in class C, that’s one of the problems with chasing cash flow is getting into class C and dealing with a tenants that are not as well qualified and higher risk of default to begin with.
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6 November 2024 | 5 replies
Instead of using your personal income, employment history and DTI to qualify, a lender would look at the income or potential income of the property to make sure it cash flows after taxes and insurance are accounted for.
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6 November 2024 | 1 reply
Hey Derek, not sure if I'm qualified enough to answer this, as it sounds like you are trying to commercially lease to a bigger box assisted living facility/company, but you could consider:- Leaving the residential as residential, subdividing, and building to suit residential assisted living homes.
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6 November 2024 | 2 replies
Then start the painful process of trying to notifying, move/store and auction off the abandoned property.I've thoroughly researched the SB1079 laws and qualify as a prospective owner/occupant since we honestly plan to use the home as our primary residence.I guess my primary question is, is there anything I seem to be missing and need to look into?
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7 November 2024 | 14 replies
Just not be qualified.