You'll want to be able to obtain balances, confirm payments were received, obtain payoff statements, etc.Ask your friend to share the username and password for the servicer's websiteI recommend using a loan servicer to collect your payments and disperse payments each month to the underlying mortgage servicer.

What’s a Wrap-Around Mortgage Loan?

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? 

Otherwise you are just getting a juiced return and sitting on too much loan leverage.

FHA loan?

Factor in some tax benefits and loan paydown, I think it is starting to look easier to decide. 

if you want to chat about investments/loans, I can make some time.

If you have too many mortgages (that was me).....you will need to go to a hard money loan in the US. 

Hello BP fam,  does anybody know of a way to get an SBA loan to purchase rental property without utilizing 51% for business?

Seller is hesitant to do seller financing as he is 71 years old, and a personal loan isn’t an option because I’m buying real estate Please help