David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?
Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
Anthony Jackson
Norada Capital Management Promissory note investment
5 February 2025 | 38 replies
These rates of return surpass what bank-provided bonds and stock dividends offer.
Sundone Boutvyseth
First investment property for less than 10% down
31 January 2025 | 22 replies
I believe they're almost 8% with that program currently but if it provides an entry point, you should consider it!
Nathan Frost
AMEX Business Line of Credit
16 January 2025 | 7 replies
Quote from @Amir Khan: Quote from @Nathan Frost: Quote from @Amir Khan: @Nathan Frost I don't have AMEX but do have several business lines of credit with other providers.
Don M.
First time with new construction: Cape Coral, FL
5 February 2025 | 205 replies
I wish the Department of Health would accept private provider plan reviews for septic tank permits.
Scott Trench
Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices
4 February 2025 | 2 replies
I believe this because I think that on the whole, his first two weeks of actions are likely to: - Have zero no impact on near-term supply (deliveries for single family and multifamily homes 2025 are a result of actions put into motion several years ago)- Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect, other than providing a cheap source of easy social media clicks and engagement for real estate pundits.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
Of course, not everybody is that good at or has the time to do Google searches or know how easy it is to use ChatGPT so it might still make sense for you to provide such a guide to your (potential) clients.If you don't want to spend time reinventing the wheel, you have other easy options:a.
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
While not mandatory, a specialized accountant can reduce errors and provide significant tax-saving strategies tailored to your situation.This post does not create a CPA-Client relationship.
Tariq B.
Interest Rates on Commercial Loan?
27 January 2025 | 6 replies
There are too many factors to consider to just provide base rates for what you're asking.