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9 January 2025 | 107 replies
Usually on commercial loans it’s 20%-25% down payment(relationship with local bank) rate between 4-4.75 (depending on your credit & debt), 20-25 year amortization (in small multi family it’s 20 & large multifamily it’s 25) and 5 year term (some banks do as long as 20 in Oklahoma).
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31 December 2024 | 418 replies
Atleast I don’t get FB ads from Norada.
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24 December 2024 | 4 replies
For example, this can be adding square footage, adding an extra unit, or adding a pool in a STR market/luxury market.
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27 December 2024 | 2 replies
I opted for added a $200 non-refundable deposit.
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20 January 2025 | 57 replies
He did a book for Bigger Pockets, but by large Bigger Pockets is not so pro Sub2 so not sure why they allowed this other than he is an expert at self promotions, etc..
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31 December 2024 | 49 replies
Its been vacant for 21 days now I’ve had it down to 1200 for weeks and just added $500 off first months rent.
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28 December 2024 | 11 replies
He insisted that a phrase be added that the money is to be released upon completion "and not upon approval by the seller."
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20 December 2024 | 27 replies
Quote from @Saika Maeda: Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy.
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24 December 2024 | 10 replies
I have a close associate with a large project there and the local banks have turned off the spick-et on funding his developments and these are very large multi thousand acre deals.
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28 December 2024 | 3 replies
If I had a large amount of liquid capital, do you think I should use it to purchase fixed assets or for some project development, which would be more suitable?