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29 April 2024 | 31 replies
offer the same opportunity of relatively low entry costs vs decent rent rates.Yes, it's tougher to use debt for acquisitions due to higher interest rates (which aren't going down anytime soon - sorry if you don't know that!).
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26 April 2024 | 3 replies
How much gross leasable area, how many offices, current vacancy rate, age of building, any proximity to hospital or surgical center, what type of loan product for first lien, variable rate/fixed rate, the terms etc ie SOFR + what spread etc, current NOI, cost per square foot, replacement cost per sq ft, and any and all details you can share, I assume HENRY Capital compensation will be similar to your Fund 1, with 8% preferred and 80/20 split?
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27 April 2024 | 2 replies
Quote from @Bonnie Low: Quote from @Joseph Nguyen: Hello!
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25 April 2024 | 11 replies
@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.
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28 April 2024 | 19 replies
Its not different than repairs on any other floor, there is just typically more damage from low quality flooring materials as other have listed.
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26 April 2024 | 3 replies
In that time I've used several different funding options.
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27 April 2024 | 5 replies
LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt.
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26 April 2024 | 40 replies
It was a very low stress way to get my feet wet.
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27 April 2024 | 7 replies
Showing a property in bad condition is only going to attract low-quality renters.
25 April 2024 | 3 replies
My dad is retired and his credit score isn't the greatest while my credit score really good and debt to income is pretty low right now.Mortgage Owed: 118,000Money to Seller: 75,000Est.