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18 June 2024 | 8 replies
The biggest short coming of TIC seems to be financing options.
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16 June 2024 | 4 replies
I find that it's very rare that a lender will actually close at this amount of leverage because they would typically be putting up a much larger amount of funds than the property would be worth at the time.Has anybody actually worked with a lender that did fund based off of the LTARV?
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15 June 2024 | 17 replies
Typically about 20% down on each purchase you make.
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17 June 2024 | 9 replies
Note a condo conversion and/or coop/TIC already permitted this but financing may have more options than TIC And process may be easier than a condo conversion Condo conversions and TIC have been done for decades/years respectively.
17 June 2024 | 9 replies
Last option an attorney told me today is send some bills over and ‘move in’ for the next years, maybe rent to a friend.
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18 June 2024 | 31 replies
There is no third option.
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18 June 2024 | 8 replies
-option a, b, c, that im not thinking of?
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15 June 2024 | 5 replies
Another option is cash for keys but I have never done this but others on this forum have and can probably advise further.
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15 June 2024 | 6 replies
Hello everyone, I am looking to get a loan on my first commercial reast estate deal. The property is rented by DCFS ( department of child and family services) a government tenant and are occupying the building for las...
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16 June 2024 | 11 replies
Plenty of free options out there to learn the business and get your feet wet and start taking action.