24 May 2021 | 1 reply
Without the seller financing, if you want to finance the purchase, you need to get conventional financing for the duplex and without the 1 year seasoning, you won't get it because it's a Fannie/Freddie requirement.

26 May 2021 | 11 replies
In short, I usually recommend the following:First) Check with local banks and credit unions, they'll usually offer the highest LTVs at the best terms, lowest closing costs (albeit a 25-yr term is most common with these guys)If going this route, most will do a Global DTI and require: PFS, 2 Yrs Personal & Business Tax Returns, SREO, Previous Year and YTD Profit & Loss, Balance sheet on entity (if seasoned), 2 Mos Bank Statements, Rent Roll, Pay stubs, T-12 Financials on propertyIf the above isn't gonna be a fit, then:You can pursue the "Secondary Market" lenders.

25 May 2021 | 5 replies
You are renting a storage space, not a residence.

24 May 2021 | 3 replies
When I researched refinancing I find requirements for 6 months of seasoning before you can do a cash out refinance.

31 May 2021 | 34 replies
Hello Ally, I highly reccomend working with an agent at Marcus & Millichap, they have excluive listings across all 50 states and canada in all commercial real estate product types: Multifamily, Self-Storage, Industrial, Triple Net Retail, Mobile Home Parks.
24 May 2021 | 0 replies
There is a no storage clause as well in the lease.
24 May 2021 | 2 replies
Anyone have experience on investing in land to convert to a storage business for example storing rv's how can I get started???

25 May 2021 | 3 replies
Did you end up having to hold it for a 6 month seasoning period before getting the loan on it?

31 May 2021 | 5 replies
@Justin LehoskayWhat are your thoughts on teaming up with a more seasoned investor and learning as you go?

30 May 2021 | 4 replies
Hello to all...I'm sure direct mailers are different from residential to apartments- I would appreciate if anyone can share their direct mail templates for apartments and storage units.