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11 June 2024 | 1 reply
I'm Carter, a senior in college who will be graduating this December and subsequently working full time in Public Accounting.
12 June 2024 | 3 replies
CMBS loans are underwritten based on the income-generating potential of the property rather than the borrower's creditworthiness.Mezzanine Loans: Mezzanine loans provide financing that sits between senior debt (typically a mortgage) and equity in the capital stack.
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11 June 2024 | 21 replies
Essentially purchasing and converting a single family home into a home that will house 8-16 seniors and provide caregivers, etc.
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10 June 2024 | 9 replies
I'm Carter, a senior in college who will be graduating this December and subsequently working full time in Public Accounting.
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12 June 2024 | 24 replies
My contact with the Bank - a senior commercial real estate VP - told me repeatedly that all looked good for the renewal of my loan - not so.
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6 June 2024 | 3 replies
I currently have a full-time career as a senior engineer in the aerospace industry, but I’ve always been interested in real estate, and I view REI as a way to supplement my future retirement.I’m interested in initially doing fix and flips to build up capital for buy and hold investments in multi-family properties, and I have about $200K in home equity that I can leverage to get started.
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6 June 2024 | 71 replies
Tripping over dollars to pick up pennies.Even when investing in your local market one should think about making it as passive/hands off as possible.Not right away but over time for sure.As the cliche saying goes "Working on the business and not in the business"Investing in real estate shouldn't just become another job.Easier said than done but still, this should be every investors focus IMO.Happy Weekend bro 🙏 there was a case where an Aussie citizen decided they were going to save money and come to detroit to do their renovations themselves.. got in a arguement with someone and boom shot dead.
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9 June 2024 | 223 replies
What about city tax and water liens that I believe are in a senior position to the first lender.
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5 June 2024 | 3 replies
International investors should expect an interest that's 1-1.5% higher than U.S. citizen primary mortgages because of the added risk to the lender3.
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5 June 2024 | 2 replies
She moved to France and became a Citizen and never came back.