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3 October 2024 | 7 replies
This is one of the reasons to look for groups that work to address these concerns by offering a streamlined process that connects you directly with developers, ensuring transparency on costs, timelines, and expected returns.
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2 October 2024 | 1 reply
Other empty drugstores are becoming plasma collection centers, thrift stores, and car washes.While repurposing drugstores can be challenging, especially when dealing with building design and community concerns, their prime locations make them ideal for creative reuse.
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4 October 2024 | 10 replies
They're concerned that the borrower is going to do something stupid, drive the property into a ditch, impair the property NOI / cash flow, and thus impair the mortgage bond.
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2 October 2024 | 16 replies
My concern is that when we take over, we’ll need to start from scratch with our own branding.
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3 October 2024 | 4 replies
Plenty of opportunities.One thing that might be of concern to me today, as if I remember correctly they were out of Philly or Pittsburgh.
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1 October 2024 | 4 replies
I'm ok with that but concerned about liability.
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2 October 2024 | 6 replies
My hangup is that even though the HOA is not allocating $85k for the reserved this year, they will have over $200k in reserves (over 20% of the $850k budget) Everything else has been cleared by the underwriter (insurance policy, occupancy rate, ect..) but I am concerned this deal will fall through because of this issue.
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1 October 2024 | 8 replies
This would obviously be contingent on a thorough inspection.Asking price: 1075000Annual Rent: 139kVacancy reported: 5%Insurance: 5900Maintenance: 10kTaxes: 4kUtilities: 15,600_____________________________Total Expense: 35500working on financing this week but I understand I'd be at around 6.5%My biggest concern is DOM and major repairs needed.
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30 September 2024 | 6 replies
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2 October 2024 | 11 replies
I am concerned about the 5 yr PPP because I would like to refinance to a lower rate at least within 3 years.