Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
Hey @Kevin Oh,It’s great that you’re shopping around for the best deal!
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
13 December 2024 | 13 replies
If the trade value of an old shopping mall is less than the build cost of a new storage space or warehouse, then it doesn't make sense to build a new storage space or warehouse, just buy an old shopping center.
Melissa Alejandro
DSCR Loan for a Ranchette with shops & a barn
11 December 2024 | 2 replies
What's the breakdown in tenancy between the shops and any income from the barn (or the house)?
Julio Gonzalez
Cost Segregation Study on Auto Repair Shop
19 November 2024 | 2 replies
A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000.
Stacy Banks
business funding funding
13 December 2024 | 6 replies
There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit.
Ariel Rivas
Black friday shopping and deals
26 November 2024 | 2 replies
Hello everyone, I am located in New York City (Bronx), and I am currently tackling a renovation for a triplex rental I plan to keep. It needs everything: all appliances, cabinets, flooring, tiling... everything. For y...
Garrett Karnath
How to reduce prepaids/closing costs?
10 December 2024 | 5 replies
I have already shopped insurance, and the sellers are providing $5k towards prepaids/closing costs.
Julian Zamora
How do I become a mortgage broker?
14 December 2024 | 8 replies
Many mortgage shops do NOT allow their loan officers to also be RE agents on the same transaction to much of a conflict of interest.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
NonQM "shops" offer a variety of loan types, DSCR being one but they are the lower rates and fees.