Cory St. Esprit
Commercial Real Estate - Franchise (Owner Occupied) Seeking Financing
27 January 2025 | 3 replies
I own a mortgage company now that does both residential and commercial finance, but I spent years as a commercial banker with both big banks (First Union/Wachovia) and 2 community banks.
Nicholas Perez
How I Saved My Grandfathers 2 Family from Tax Foreclosure
30 January 2025 | 0 replies
Now, as a mortgage banker, I’m passionate about helping others navigate the world of real estate finance and make their investment dreams a reality.
Warren Peasley
Selling primary residence / new home into LLC?
29 January 2025 | 7 replies
My occupancy rate is probably as good as anyone, and one thing I do is never have a high debt load then turn that around and award my tenants with rental rates they can't match elsewhere.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
To put a relatively extreme scenario out there, if you offer 3% more than the next guy in cash (no bank debt) and provided a copy of a brokerage account statement showing the cash was available, I am certain you would get the deal.To echo Joshua's comments: how you are planning on financing the deal is hugely contingent on being awarded deals.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
having a local commercial Banker is key I would never go with a national HML for construction.. unless I absolutely had to .. like right now I am at 1/2 point and 7% for my vertical loans no junk fees and my bank even pays or the appraisals . :) these are not credit score loans ( I mean I have a credit score) but thats just a formality its all about capital and relationships with your bankers and deposit relationships thats key as well.Yes your relationships with sub contractors will be a huge factor in profitability, both direct and indirect.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Per him, Judge will see how unreasonable he has been in his itemized list and not award a windfall anyway.
Travis Tamillo
Active duty turned Realtor
11 January 2025 | 13 replies
I have been on board with an all military affiliated team with Coldwell Banker Vanguard;The Military Group for about a year.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
View them as bankers who better know how to do due diligence.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
Sometimes 5 in the case of 9% LIHTC deals but all the way up to 15 as I’ve seen in 4% deals. 9% is competitive meaning there’s only a certain amount of projects awarded each year by your states HCR. 4% is not competitive and is usually more appropriate for large projects because 9% will get allocated to projects of smaller size so as to spread the benefit.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange.