I am now approaching 115+ days since assignment on my first 3 deals and because I am in NYS, my attorney tells me that I cannot even speak to buyer’s or seller’s attorneys due to “breach of contract”.I lost my first deal in fact because we were hindering on 130 days since assignment (should have been long closed) and the city decided to demo before we closed and were able to takeover in court. 

Normally, the cap on seller concessions is 6% of the sale price, but that’s not the case for commercial loans.Here are the trade-offs:5-year stepped prepayment: A typical residential loan at this price point isn’t allowed in the state, but with commercial, those rules are different.20-year amortization: This means higher payments, but it forced me to ensure my deal works under strict terms.Interest rate: It came in at 7.9%, not stellar but still good.Overall, I’m pretty proud of this deal.

Hello everyone,I'm planning to buy rental properties out of state and looking for some properties in Alabama.

My next meetup is on 4/17 at the Bay State Brewery in Worcester from 6:30 to 9 pm.

I can’t speak for the other cities, but as an agent in Rochester, NY, I can agree with this city.

I am starting out in the rental real estate investment space and considering Section 8 rentals - not necessarily limited to any specific city (would appreciate suggestions).

. $100 for a lease and several other documents, written by investors and attorney approved for your state.

If this is indeed correct then why is there so much conversation out setting up out of state LLC's ? 

I obtained my pre licensing course on the ceshop.com website.She needs the prelicensing course and passed exam before she can take the state exam.Hope this helps!

After this additional deposit, your security deposit balance will be $Y.Even after this increase, I know your monthly rate is still well below the average market rent for 1-bedroom apartments in [CITY].