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18 December 2024 | 11 replies
Tenants ended up demanding concessions or just plain skipped out of their lease and disappeared.Also, unbeknownst to us, the former owner tried poaching all of the month to month tenants to their building across the street.
18 December 2024 | 2 replies
I am in discussions to seller finance a townhome-style quadplex.
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23 December 2024 | 24 replies
You’ll need to find a GC on board with the extra paperwork and a seller willing to accept a longer closing time.
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16 December 2024 | 5 replies
Healthy tenant base and rental demand as well as two section 8 voucher providers in the city, CTI and LHA.
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16 December 2024 | 18 replies
You will get people willing to share in high demand areas and you will see this in high rent areas but you are keeping up the common areas and it is a bit harder.
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14 December 2024 | 36 replies
I have no intention to represent sellers or buyers, or ever list a property.
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19 December 2024 | 22 replies
Typically speaking 20% down (80% LTV) is the bare minimum that commercial lending requires. 10% down is unheard of unless you are getting a great deal and negotiate some small seller financing in second position or getting an SBA Loan for acquisition where your business will occupy over 51% of.
12 December 2024 | 14 replies
No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.
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17 December 2024 | 7 replies
You will definitely come out of pocket WAY more with seller financing than with the lowest owner occupant loans.
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19 December 2024 | 3 replies
They aren't because 99% of the home buyers and sellers need an agent to avoid costly mistakes.