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29 November 2024 | 1 reply
i actually only invested an additional $23,000 i answered the question wrong
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27 November 2024 | 9 replies
In addition to brokers, I would also suggest speaking to 1-2 regional banks/credit unions.
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30 November 2024 | 0 replies
The standard rate is 3% of a loan, a good broker will never exceed their origination costs of more than 3%.Additionally, a competent broker goes beyond merely securing financing.
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1 December 2024 | 15 replies
Additionally-Sleep a few nights in it.
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27 November 2024 | 1 reply
It added far less value than the cost of the addition.
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6 December 2024 | 45 replies
There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.
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30 November 2024 | 2 replies
Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed.
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2 December 2024 | 33 replies
It's a whole other thread to get into but do some research on the issues with commercial real estate, Ben Mallah is a recent high-profile additional person to come out publicly on this and who is putting his $ where his mouth is.
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5 December 2024 | 48 replies
You should also make sure that you do additional research on STR comps so that you have an understanding of their values as well.
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28 November 2024 | 4 replies
Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.