Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor.

Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan.

Got me to click :)Way to crush it and set yourself up for long term wealth building!

I will try to post one of these every now and then for analysis purposes.

Demand, quality of tenants, etc.According to my analysis should give a 12% CoC return but this is my first commercial property purchase just like some insight or if I should pursue other forms of commercial real estate. 

Pete area in the next 4-9 months but have been watching supply and days on market steadily increase and asking prices drop on a weekly basis.

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This is where having an investor friendly agent is going to be key.

Happy to be here and ready to learn from the community.

Only people to fight me on this is the ones who sell them.