Basically he made the argument that multi-family commercial is maybe a little more vulnerable in a raising interest rate environment than say single families, which are financed on safer term and terms loans.

Amazon announces that Nashville will be home to their new executive operations center.

@Roy MosesAsk around about lending to the LLC, and you as an individual executing a 'personal guarantee' on the loan.In this situation the loan becomes recourse to you (i.e. the limited liability of the LLC is stripped away and the bank can go after your personal assets regarding this one loan). 

Make the purchase of the LLC equal to the wholesale agreement and the EMD together.When you sell the LLC, after inspection by the buyer, the Buyer simply executes the purchase agreement in the name of the LLC...as the new owner of the LLC.

Now I can enjoy my 3 week Christmas vacation in the mountains with my lovely girlfriend while the team executes the plan How did you finance this deal?

Options trading for example is actually similar to what you're doing in the way that the objective is to buy the stock for less than it's current market value, and you can buy and sell contracts, but it can be much more profitable much quicker if executed well.

Networking with brokers is great too, depending on the broker, but the truly best deals you will strike and have the opportunity to execute will come when you are the one taking the call directly.Send letters, cold call, warm call, knock on doors, leave door hangers, post ads, do anything to start a conversation with someone who may be considering selling their property.

I left my media executive job in LA and co-founded a media advisory firm, and it's been a BIG awakening at the new financing challenges it's created, even with meaningful income for our first 18 months in operation.

Seems like the procedure is different in NYC than it is in other places from the comments on this thread.In NYC, all written and verbal Offers are NON-BINDING.All it does is determines whether or not there is a meeting of the minds in terms of price and some contingencies, but without an executed Contract of Sale, the offer itself is non-binding.

The strike price became a function of when they would execute.