Has there been any changes to wholesaling commerical property?

Blanket loans - this is more of a commerical loan product where the community bank will attach ONE mortgage to multiple assets (4-5 houses on one mortgage).

I am looking for a commercial real estate investor in South Florida that can provide some assistance on further questions I have about the industry. I specialize in residential and am looking to incorporate commerc...

is wholesaling commerical property a good idea?

i came across a MFR here in PA, i was interested so i called the owner and he wanting to sell. after we spoke he said i should look into assuming the loan on his property. i told him send me all info and he did. i new to the commerical real biz, namely assuming loans. i looking for insight into the numbers and a understanding of how to assume this property and if the numbers make sense so i will provide the numbers and im open to all insight and help:sale price $1.7 millionexisting debt w prepayment penalty of $350kbalance on loan is $1.190 million @ 6% monthly loan payments $9,989loan is conventional maturing 9/2037am i to understand that if i pay the difference between the sale price and balance ( of qualifing with lender etc etc) that im able to take ownership of this property ( which i would do through a LLC) again any and all help is welcomed. i feel this is a good deal but if i can acquire it for less then a million that would be great.

How long has the commerical laundry been there, and how much time is left on their lease?

A good Commerical Property is the way to go..

I am Correspondent Commerical Lender with South End Capital we originate loans for Conventional Lenders, Bridge Lenders, Hard Money Lenders, High Net Worth Individuals, Real Estate Investment Trust and SBA Lenders..

My take on the cashflow vs going into commerical properties is dependent on my goals and where I am in my life.

If you are an LLC you are a business and will require commerical financing which in most cases is 25% down and are differnet terms than a non business loan.From your posts it sounds like you are worried about all thr problems with being a landlord.