21 August 2020 | 14 replies
I am still working on writing my book and then syndicating my value add deals as a sponsor.A lot of posts on here now are small balance commercial odd ball mixed use properties which I do not specialize in so not much to comment on.Just make sure right now retail tenants looking for space are trying to lock up sweetheart leases for the next 5 to 10 years taking advantage of landlords that might be desperate to fill a space because of COVID.
14 August 2020 | 15 replies
Thankfully, we are fortunate to have family invest in us by helping us put 20% down and with interest rates as they are (i hope they are still low come November when we lock the rate).
20 August 2020 | 5 replies
You can get a master key that opens all locks while your tenants can only open their property.
12 August 2020 | 1 reply
I don't think I'll be able to get any sort of traditional financing while trying to lock down on a 30/yr mortgage, but who knows.
8 September 2020 | 23 replies
I have had multiple clients in the last two months close and lock in rates under 3.0%.
14 August 2020 | 1 reply
For example, if the ARV is 100k and the repairs are 40k and your wholesale fee is 10k you will need to lock up the property at 20k for the deal to fit that formula.
13 August 2020 | 0 replies
Hi All,My family has come across a dream property. It has been on the market for over 2+ years now. Property was originally listed at $1.5 mil, now down to $1.12. We are eagerly looking and searching all possibilit...
17 August 2020 | 5 replies
What are the best ways to connect with agents and investors when gatherings and social settings are locked down.
13 August 2020 | 0 replies
Fannie Mae and Freddie Mac released statements yesterday that they will be adding a 50 basis point (.5%) to essentially all cash out and rate reduction refinances that are locked AFTER September 1 (The exception being construction to permanent loans).
1 December 2021 | 6 replies
(Apparently I've angered the "BP gods" and have been locked out of messaging here!)