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Results (10,000+)
John Cho Advice on getting started
14 March 2014 | 6 replies
John,You do not need all of that.What you need is a good commercial broker with a network of good lenders,title,etc.Each one of those types of assets of triple net you mentioned have their own finance structures.For example a pharmacy you can get in with 5% down and non-recourse with a 25 year term and amort.There are no rent bumps in almost all cases until the option period kicks in and it is minimal.Pharmacies are more like an annuity that you will own free and clear after 25 years throwing off good cash flow when it's paid off but being next to zero cash flow during the term..Until then you get depreciation.The lenders will usually go to DSCR of 1.01.With restaurants most are recourse unless investment grade and the lenders want a DSCR of 1.25 to 1.30.With restaurants you typically achieve rent bumps of 1.5 to 2 percent annually but because of DSCR are putting down 20 to 25% of LTV.How much money do you have today so far??
Sue Loomans Hello from Milwaukee
10 July 2012 | 5 replies
I don't have much experience in REI, although I used to run a green building non-profit organization.
Sarah Jones old lady
10 July 2012 | 8 replies
The IRS will have an imputed interest rate on any note or installment contract for tax purposes, she would have to be a non-profit for the IRS not to place an interest on such a transaction.This just shouts preditory schemes to me, as to how you can end up with a property after the seller dies and stop paying....In all of this time spent trying to answer your questions I'm really disappointed to see that you have not come further than you have indicated, seems many of us have been wasting our time.
Steve K Refi Seasoning - Multi Family?
11 July 2012 | 8 replies
I'm making an offer on a small multifamily non performing note and will negotiate with the seller to transfer title in lieu of chasing the deficiency, or worst case just foreclose.
Jake Kucheck San Bernadino Trying to Eminent Domain Away FCs
12 August 2012 | 19 replies
This program is only targeting non govt insured loans in the first place.
Andy B. What will a casino do for property values?
15 July 2012 | 10 replies
Owners may also be able to get the tribe to buy out their homes, and use them for housing for tribe members, or they may have a non profit that could use for low income housing.
Allen Gregory Can I Buy A Non-Investment Home using Private Lenders
12 July 2012 | 5 replies

As of today, my credit is about 530 and I'm working with someone to get it raised about 150 points in the next couple months (should be before end of year). I want to buy a house but I haven't had a job in years.

I'm...

Account Closed Profits from flipping
14 July 2012 | 4 replies
Were you to flip homes in your name only, you would not be allowed the two different tax treatments to my knowledge.
Mickey Harrison what would you do? go over the realtors head or not?
16 July 2012 | 8 replies
Are you putting down a size able non-refundable down payment??
Carl B First property?
24 August 2012 | 6 replies
The second was a property that we bought at a discount in a cash deal - the money came from a combo of cash, and borrowing from a HELOC on our primary.For our third - which we are currently saving for, after an extremely bumpy 2011 (non RE reasons) - we will be going with conventional again.