
2 November 2020 | 0 replies
And I have a very possible commercial tenant lined up, for after-sale multiyear lease commitment (after repairs are complete), 2000k a month projected revenue, rented 2nd-floor unit is grossing 1200k currently paying and up to date (this year taxes due less than 8k).I have worked on an executive summary property, datasheet, and other numbers (No Proforma available, No cap rate known sorry& No NOI available)However I do have pics of both deals, but I just don't know these mixed -usage properties flips, and don't have these types of cash buyers contacts/ (commercial) investors, I want to be reputable always, I don't want to be misleading or be incorrect (can't post pics or more info, it in this thread anyway- no address included herecommercial unit has been unrented for a few months, standby possible interested tenant 2000k per month#2nd) East Orange NJ, 07017, 4bed, 2 baths, converted 2 family into 1 family, 1400- 1700sqft, it has been fully gutted, the new fully open concept upon entering 1st floor. and rehabber is out of money and time, offed as-is, with rehab work started, in progress, but not completed.

2 November 2020 | 3 replies
@Kalib WilliamsI’d ask your lender if the leases can be one month out until move in or exactly what that parameter is.Then explain to the seller and offer to pay them a few hundred extra in purchase price or earnest money - I suggest keeping it off the contract though because then you’ll need a new appraisal.Then work with the current owner to execute 3 leases and then have the owner present them executed to you to provide to the lender.

5 November 2020 | 9 replies
Especially considering the due diligence involved in commercial real estate you have plenty of time to get your residential property sold in time to execute a 1031.

12 November 2020 | 13 replies
This is a real investor doing his homework, finding the edge, and executing.

5 November 2020 | 17 replies
You want to know how to do deals - how to market, how to make offers, how to write contracts, how to execute deals, etc.

10 November 2020 | 8 replies
This can work well if the buyer is sharp enough to execute the transaction without full representation, but it's inadvisable for anybody but an expert.The agent can request in writing that he be allowed to work as a "disclosed dual agent".

25 November 2020 | 40 replies
They base it off the profitability of the property more than anything and your ability to execute.

5 November 2020 | 17 replies
Would appreciate sharing how people went about finding some mentors to bounce things off before executing.
5 November 2020 | 5 replies
Perhaps an Executive Order could change that.I think biggest and most realistic concern is a forced shut down due to covid.
6 November 2020 | 1 reply
My solution: I am researching VA RE laws regarding next of kin POA and what powers they can execute under such a document.