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20 April 2024 | 9 replies
Speaking as a lender (not investor) with some experience in small balance commercial lending, I can tell you that it is likely going to be tough to find financing most likely as a lot of commercial lenders tend to stay away from churches, although could be more favorable if the building is true retail/office rather than a structure built specifically in the style of a traditional church (i.e. hard to transition to other tenants if needed)
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21 April 2024 | 0 replies
At that point, it was a "live for free" investment.
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19 April 2024 | 4 replies
Built a nice chunk of equity and also lived for free/cash flowed after I left.
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20 April 2024 | 4 replies
That being said, the curve steepened when Biden took office.
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21 April 2024 | 9 replies
We want to buy a single-family home as close to debt-free as possible and then use leverage after that point.
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20 April 2024 | 7 replies
These could include any legal, licensing, office, and even medical expenses.
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21 April 2024 | 8 replies
You should, that's the best thing about STR, you can get free use out of them.
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22 April 2024 | 9 replies
If the downpayment + closing cost is free, and you are doing a triple net lease to keep any repairs on the tenant in the next ten years, it may be worth the trouble.
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20 April 2024 | 2 replies
I am also looking to start to transition into long turn multifamily properties.feel free to shoot me a message or if you know of anyone that would like to connect.
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20 April 2024 | 26 replies
If house hacking is in the plans that can be a great strategy.Please feel free to DM me if I can help in anywayHope that helps!