Keeping a 2.99% rate sounds great, but it may be costing you thousands of dollars if you are in the double digits with your other outstanding debts.

It sounds like an incredible resource, for $200 having a fully designed materials and fixtures schedule to pair with a labor only GC or a GC that can work well with a prescriptive materials schedule. https://ivoryhome.co/predesigned-packages/Just curious how other people’s experience has been.

It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.

Finally, if you intend to conduct a 1031 exchange, it is important to work with a good exchange accommodator and, most importantly, an experienced professional to help you find a suitable replacement property.

Account Closed Thank you so much for your thoughts - it sounds like you already know this tenant because you’re describing him perfectly.  

There are a LOT of operators that are scrambling at the moment, and dont come close to our buy-box, however I do invest with 3 larger operators (BAM is one of them), and overall I still believe their underwriting is sound and viable.Im not at liberty to discuss details, however I see some good things on the horizon with this group.

I’m sure it’s location specific but $6,000 sounds way too much.

Garrett, these packages sound like they are a hit for your properties. 

Your potential buyer suggesting you terminate the contract and them paying you a fee does sounds fishy to me.

It took me 11 years, 25 properties and 76 doors to replace my income but when I bought my first larger commercial deal, it replaced my wife's income in one year.