Rusty Eddy
Wholesaling in Orange County CA, is it realistic?
2 July 2010 | 27 replies
Brian W : Yes I do have a website Send me some of your parameters :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~what county , zip codes , properties style ( Multi-family or SFH or Duplex or Commerical )To be honest with you :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I would take $1650 for bird dogging my first 5 deals with youReason : I rather you keep the difference for mentoring / guidance into the CA market [ virtual wholesaler ]Send me some parameters via email , if interested
Karen Margrave
GO BIG OR GO HOME!!
6 March 2013 | 17 replies
As a developer of commerical projects, I am curious as to why some of you with the means don't buy fewer, but larger projects?
Gene Genin
New CRE investor in Brooklyn, NY
3 June 2016 | 6 replies
When it comes to financing mixed use I'm not in favour due it falling under a Commerical loan.
Adam Smith
Banking in Detroit/Southeast Michigan
14 October 2014 | 5 replies
Most banks and credit unions will work, if they can open account commerical account for regular LLC, then you can do it for IRA LLC as well.
Ryan Daniels
Do YOU hold rentals in an LLC or your personal name?
17 September 2021 | 23 replies
Why on Commerical property and not residential?
Manil Abeygunasekara
House vs apartments
19 December 2016 | 4 replies
Let's identify, compare-contrast the issues.SFR:only one tenant(or family), so only one rent received per monthonly one tenant to manageone mortgage to pay on Conventional Loan, LTV on market and lenderone 'set of expenses' common to a buildingwhen empty, there's no rents receivedclosing costs to acquirequalifying on your credit and DTIproperty value is base upon Compssome argue ease of resale and appreciation value (still based upon comps) MFU:several tenants (aka one per door) and several rents per monthseveral tenants to manageone mortgage to pay on a Commerical Loan with an LTV 70-75%, so yes you have more downpayment.one 'set of expenses' common to a buildingwhen one unit is empty you still get n-1/n rents coming inclosing costsMFU 2-4 units still qualify on your credit and DTI whereas MFU 5+ will qualify on GSI, NOI and DSCR.property value is based upon GSI * GRM (aka the rents it produces)resale is based upon the CAP and Cash-on-Cash rates (aka investor metrics)IMO, the risk reward leans heavily in favor of the MFU 5+
Matt Gehrls
Any advice on finding work in the field before I start?
17 December 2014 | 4 replies
I got started as an executive assistant the owner of a multi-family/commerical company.
Jason White
Retiring with $1.5 Million to invest. What would you do?
1 September 2015 | 30 replies
Here are my insights and personal opinion on why I prefer to build my retirement portfolio on SFRs over Commerical or Apartments.Many investors I know believe that commercial buildings or apartments are less work.
Zach Bollman
Purchasing Out-of-State Notes
4 July 2018 | 49 replies
I started in 1982 in HML.... got my butt handed to me in 08 to 2010 like a lot of us lenders in the HML space.and then coming out of that I am with you Commerical loans on rentals with a ton of equity in B and C areas.dual form of repayment and many exits..
Zach Bollman
Diversifying Without Major Capital
1 June 2018 | 29 replies
here is what i have seen having been in the note business for a few decades.most investors start with the vanilla rental.. they don't start with notes as its not as well known concpet of buy home put tenant in it and collect rent.. that pretty basic right.. plus you can leverage. when people come to us for notes they generally are using thier sidra ( as you want to have non depreciable assets in a sidra) they have experince in landlording so they understand being the bank on a rental home but not having to do the heavy lifting and not having to deal with the very tough rules for owner occ notes.. they also may not be accredited so whole notes in first position of a commerical nature .. are very salable and sustainable.