Hi All,
I'm seeking advice and connections regarding a property project in Palm Beach County. My partner and I are looking at a 10+ bed assisted living facility that was originally a 3-4 unit property. Our goal is to...

To add to the conversation, here are some of the minimum requirements you will be dealing with on the private lending/financing side.1-4 Unit Residential• 80% LTC max (20% down payment)• No experience required• $75k minimum property value• $50k minimum loan amount• 660 FICO5+ Unit Multifamily• 75-80% LTC max (20-25% down payment)• No experience required (program options will be limited if no experience)• $350k minimum property value (lower values possible, must have experience)• $250k minimum loan amount• 660 FICO

Hello Nick,Thanks for starting this conversation/forum, I wondering some of the same things you are about R2R.

How would I go about starting this conversation with my accountant, being that I can take some depreciation on it?

I own a three-family house in Queens, NY.   Due to the lot size, the property can be converted to a 6-10 commercial multi-family property.  Unfortunately, I do not have experience in this space; therefore, I hope to g...

I highly recommend speaking with a financial advisor or your current advisors then bring a tax professional into the conversation.

As you know, if you don't respond to a call or text within one hour of receiving your conversion probability drops significantly.Right now I get about 1-2 missed calls per day after my teams shift 4 out of 5 working days .

What I've gathered from speaking with the previous owners realtors, is that the husband and wife went through a divorce proceeding back around 2014, the husband agreeing to quit claim the property to the wife, in return for her within 1 year refinancing him off the loan.In a brief conversation with the husband, he seemed to confirm that the quit claim was signed, but by her, because he had given her POA on the house (for which there is public record filed regarding the POA).

You might want to have a conversation with them to remind them of the lease terms and express your concerns about the hookah smoking in the apartment.

The only contact information I had left was Terrance Burner's and when I reached out to him, it started a month's long conversation of me basically begging him to do what they said they would do.