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7 January 2022 | 47 replies
This has saved our butts probably 10 times with slippery tenants.In one very recent instance, a commercial tenant edited the lease to swap a Corporation out for his personal lessee status (AKA removing him as a guarantor), and literally added the Landlord's signature on it.
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12 December 2018 | 18 replies
Typical down for investment house is 20 to 25% for an investor type loan.I do not do residential but commercial.
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8 September 2018 | 6 replies
If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).
13 September 2018 | 5 replies
Hi,I have been talking to a an owner of 2 commercial buildings, he is older and ready to move on from managing these properties.
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7 September 2018 | 2 replies
Then, keep doing whatever you're doing in life with regards to working, etc, and getting yourself access to capital.
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19 January 2021 | 116 replies
In the end a 10 hr trip turned into about 22 hrs in the airport lol...But hey at least I had lounge access for 2 hrs in Chicago lol
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10 September 2018 | 6 replies
You may have noticed that he has gotten into multifamily projects since then and praises both of them.You may have heard that getting into commercial multifamily requires experience but that is a myth.
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8 September 2018 | 2 replies
My personal strategy is to rehab and flip to gain some capital, then transfer over to commercial rental property investing.
14 September 2018 | 6 replies
If you rent it out, a commercial lender or broker can do a cash out refi for you if there is equity in the property.
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7 September 2018 | 2 replies
It sounds like you are saying the loans are not under your name at all, you didn't personally sign for a residential loan, these are commercial loans that were closed and funded to the LLC, correct?