Devin Pickett
Who has done a Mortgage Assignment
Good Afternoon,Is a VA loan assignable? If so what are the pros and cons of assignments?
Tom Sylvester
What to do with $3 million?
Quick question: If you had $3 million to invest in real estate, what you would do?--Back Story:So I've been in the residential buy and hold market for several years, mainly focused on duplexes. We've started working ...
Skip Reath
Advice Needed on Condo project
Currently own 11 condos in South Chicago in a 35 unit complex. Am only allowed to rent 7 of my 11 units.(HOA restriction) Have 4 units that need rehab but I'm hesitate to do so as I can't rent nor easily sell anymore...
Jesson George
Seeking Financing for a 10-Unit Apartment Building: Recommendations Needed!
I'm in the market to acquire a 10-unit apartment building with a purchase price of $950,000. I find myself in need of a loan or lender who can provide a 25/30-year amortization with a fixed rate for the entire term or...
Thadeous Larkin
Nuts and Bolts of Seller-Financing a MHP?
'Sup nerds?
We're negotiating seller-financing for an off-market MHP. That's cool, right? Go us! The only issue is...I have no idea how the nuts and bolts of seller-financing actually works.
I understand the basi...
James Knight
Cap Rate for a location, property
I am evaluating several commercial real estate deals involving medium size apartment complexes near some colleges. The property is listed at 699,000 and is a 16 unit complex. The GRM is an 8.03 and the property is in ...
Jommani Ostafi
Commercia Broker Commission
Hi All!!I am looking for to sell my commercial property. One broker wants her fee 10% from the listing price. She said 50% of that will go towards the buyer's commission.My attorney said it should be between 4-6% Any ...
Stone Jin
Condo conversion that never fully convert.
Hi all,
I'm looking to see what your thoughts are on condo conversions that never fully sell out. The complex is then managed as rentals and for sale. I'm looking at REO of individual units within larger complexes....
Ron J.
HOA Has 40% rental restriction but its managed by only 1 person which owns 4/16 units in complex but wont let me rent.
is this even right or fair. My condo has 16 units and the hoa president owns 4 and is telling me that the 40% rental restriction is in effect which means that 60 percent have to be owner occupied and only 40% re...
Jason Merchey
Cap Rate Compression Big Time??
I received an investor summary from a very reputable, perhaps "slightly conservative" operator in the MF space. In this offering, the "average annual return" is 10%. They don't calc IRRs, but frankly, with a 1.7x equi...