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9 April 2024 | 4 replies
So if you are getting a standard Conventional or FHA mortgage I would reach out to a mortgage broker or retail loan officer first.
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9 April 2024 | 2 replies
The commercial lot is also vacant, on a commercial strip (mom n pop retail, banks, gas stations, etc.) 2 lots down from a moderately busy intersection in a redevelopment zone.
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9 April 2024 | 1 reply
We just sold a retail/service center we owned utilizing a wrap around mortgage.
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8 April 2024 | 35 replies
Then the friendly retail investor is giving advice from the interest of investor.
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9 April 2024 | 21 replies
Nowadays I rarely buy stuff from the MLS because they just look so "retail" to me :) unless they are in a killer location and I don't mind paying premium for.
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14 April 2024 | 885 replies
Go to meet-ups, build a relationship with a good HML or private lender and the process will be much easier with favorable terms.I haven't use them myself, did a lot research to figure out how they do, I have an old corporation(retail store) with established lines of credit and credit cards already setup, I did apply for a couple more some with same banks I already have a business credit but got a new ones with an zero intro rate to beef up on cash for holiday season. more cash at hand more available to invest and increase profits for us.I am thinking of setting up a new business to start a new venture (Car Dealership,Taco Truck or both in same lot), being in California is no easy for corporations since there are a lot of fees and taxes for some corporations.
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7 April 2024 | 7 replies
Due to the price different between Toronto and SSM, retail buyers are seeing the pricing and they are 'great' deals to them, even though they have climbed this past yearObservation 3: With material prices up, you would expect new builds to slow down, however in my conversations with GC's and builders they are slammed trying to keep up with the build demand.I would agree with Tyler that there are definitly portions of the city that I would not invest in.
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6 April 2024 | 19 replies
Just due to supply/demand (there are always more people looking for homes vs businesses/retail looking for space), how much a lazy broker can make or break you in commercial stands out.Glad things are starting to look up for your property.
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4 April 2024 | 0 replies
Purchase price: $550,000 Cash invested: $110,000 Commercial Retail space with 1 acre for garden center and office What made you interested in investing in this type of deal?
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6 April 2024 | 2 replies
Hello all,I own a CMX-2 zoned property with retail on the first floor, and a single rental unit with a separate entrance on floors 1-3.