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11 October 2024 | 3 replies
Hey everyone,I’m exploring the idea of creating a software tool designed to streamline the due diligence process for commercial real estate transactions.
11 October 2024 | 27 replies
These are the main reasons so many investors have turned to these types of commercial mortgages.
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11 October 2024 | 2 replies
I wasnt even there.My insurance company took all the info and will take it from there but it looks like he may be able to get medical expenses.They said that if it was a single family he probably wouldnt get anything but because its considered commercial then he might be able to get paid.
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15 October 2024 | 12 replies
So I’ve bought 7 or 8 properties in my LLC with commercial and DSCR loans.
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11 October 2024 | 11 replies
All 16 units would have to remain on same lot/deed forever (so in terms of value, I can’t capitalize on the duplexes being sold to conventional non commercial buyer) think financially it would be nice to phase it out one duplex at a time.
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11 October 2024 | 7 replies
I'm scaling into a commercial property and starting a boutique hotel.
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6 October 2024 | 1 reply
I noticed that a lot of insurance companies are starting to drop multi-family are home in Texas What's some good commercial insurance for rental properties that will take on the state of Texas
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7 October 2024 | 2 replies
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%.
11 October 2024 | 2 replies
Speak with the commercial lending department as it's 5 units.If those are the numbers, you may be able to do a deal like 50k down from you, 50k contribution in the form of seller financing (2nd mortgage), and then the bank can provide the rest including purchase + rehab financing.
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14 October 2024 | 14 replies
Welcome @Rebecca Morris,These are the 10 first steps I would recommend to get started in REI (real estate investing):1) Educate Yourself: Read books, take online courses, and attend seminars about real estate basics, market trends, and investment strategies.2) Set Clear Goals: Define what you want to achieve in real estate—whether it’s buying a home, investing in rental properties, or flipping houses.3) Choose Your Niche: Decide if you want to focus on residential, commercial, or industrial real estate, or perhaps a mix of these.4) Research the Market: Analyze your local real estate market.