Just a short walking distance to the fantastic galleries, restaurants, and shops in the Englewood Arts District.

Just a short walking distance to the fantastic galleries, restaurants, and shops in the Englewood Arts District.

I currently have a HELOC with Wells Fargo for an investment property I own in Brooklyn, NY, which the draw period will be expiring.

I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I've spoken to a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).

Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.

Hello All, I am analyzing my deal and here are the detailsSmall Town , Couple of big Manufacturing plants and HQ for 1 of the fortune 500 Client.

My worry is the 5 years pass and the balloon payment comes due, and now I am stuck with whatever interest rate is available at the time.

For those that are on the fence about investing now, or waiting, or just exploring where investors can pick up some points of leverage, the primary area of focus will be in how the deal is financed.  

I plan to start with about $5,000 in reserves and save up to around $10,000 over time.

Wish you all the best.