Despite any initial apprehensions you may have, the process is far from intimidating.As someone entrenched in the lending industry myself, it's essential to clarify that our primary goal is not property repossession.

But, for all the Minimum Wage Slaves that work in the Retail and Service businesses, it made the Rents double and triple at a time of Inflated gas, food, medicine to where my old tenants call me begging for help to find a place to move to.

I deal in mods on both the retail end and specs. 

The land is currently zoned for light industrial use and is occupied by several auto repair shops.

In fact, the rule of thumb in the industry is called the 50% Rule: that 50% of the rent will go toward non-mortgage expenses (vacancy rate, repairs, maintenance, insurance, property taxes, management, accounting, etc.).

At each property, whether a vacant lot or an industrial warehouse, he told the borrower that he should convert the property to medical offices, and that my fund would be willing to finance the conversion.  

@James Wise we will always regard you and your team as one of the leading experts in our industry!

got it my wife and I being life long in the industry this is of course never a question for us..

I did the new construction when there was go zone tax bene,s what I found out though 10 years down the track to retail them they needed to be almost totally redone to match what new builds were doing in the same area.

Hello everyone, I went to school for finance, worked for chase for a couple of years, studied for my GC license and got it. With some previous projects i did in the past. Quit my job and now i want to start my flippin...