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26 February 2024 | 9 replies
For commercial loans 5-10 years is pretty standard usually I structure my loans with banks at 5 years fixed followed by 5 year variable hybrid.
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26 February 2024 | 9 replies
Point here being: 1) you want it done right; 2) you do not want to be responsible for someone elses accidents; 3) You want to streamline your process (everyone is happier this way); and 4) you want to run your buisness as a business.
26 February 2024 | 5 replies
I was hoping to find someone I can talk to that can help me throughout the process.
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26 February 2024 | 16 replies
Was the total time 6 months for the entire process?
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26 February 2024 | 12 replies
Your expertise could prove invaluable as I navigate this exciting but complex process.
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26 February 2024 | 9 replies
It's important to thoroughly research the auction process and potential financing options before diving into purchasing the 6 unit building.
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26 February 2024 | 14 replies
Raise that limit if needed)Other structures (for detached garages, sheds, etc...)Liability (Maximize this coverage.
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28 February 2024 | 130 replies
They get equity but we don't have to make interest payments (because they are partners) which is especially helpful in the first year or two of owning these larger commercial properties if we are in the process of turning them around.
27 February 2024 | 13 replies
I suspect most states have a similar process otherwise landlords would try to use any absence by a difficult tenant to execute a self help eviction in this way.
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26 February 2024 | 12 replies
You could sell this property, but you'll definitely have to disclose this and the process will be more complicated.