Normally, the cap on seller concessions is 6% of the sale price, but that’s not the case for commercial loans.Here are the trade-offs:5-year stepped prepayment: A typical residential loan at this price point isn’t allowed in the state, but with commercial, those rules are different.20-year amortization: This means higher payments, but it forced me to ensure my deal works under strict terms.Interest rate: It came in at 7.9%, not stellar but still good.Overall, I’m pretty proud of this deal.

Both ND and SD are in the handful of states, like CA, that require a license for all RE loans.

Please share companies with competitive rates.

My next meetup is on 4/17 at the Bay State Brewery in Worcester from 6:30 to 9 pm.

I have a management company that is local for day-day management.

. $100 for a lease and several other documents, written by investors and attorney approved for your state.

Several large Georgia State tax breaks were also part of the deal.

I obtained my pre licensing course on the ceshop.com website.She needs the prelicensing course and passed exam before she can take the state exam.Hope this helps!

Gross Margin - interest = net profit before taxesnet profit before taxes - (federal/state tax expense) = final Net profit or loss** What about depreciation?

He owns his own commercial GC company here in Tampa and I’m a realtor.