
28 May 2024 | 0 replies
I hope you're all having a productive week.

28 May 2024 | 5 replies
Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option

28 May 2024 | 10 replies
If you refinance, you would just need to use a loan product that allows the property to be owned by an LLC.

28 May 2024 | 11 replies
Would love to test the product out.

28 May 2024 | 1 reply
A developer, flipper, or wholesaler are considered to be "dealers" meaning they are like a store with product on the shelve, that they sell.

28 May 2024 | 11 replies
The one I am used to using provides cost estimates of various rehab products based on specs about the house.

29 May 2024 | 21 replies
A new business owner can spend a fortune on a custom website before their product, audience and goals are even flushed out.

29 May 2024 | 15 replies
Yea you could do it like that, but usually your lender is a broker and can find you the best products as that is their profession.

30 May 2024 | 33 replies
The cost to evict, in terms of lost rent, vacancy, turnover costs, plus the work involved to secure a new tenant who ON AVERAGE will be WORSE than the one you would be evicting sounds counter-productive.

28 May 2024 | 5 replies
Andrew - The other item I share with the contractor is that if the township/borough/city has any issues/questions with the work product I always request them to address/fix.