Neil Cronkrite
What cash on cash would you accept for a low IRR?
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Jorge Hernandez
tax delinquent in New Jersey
I went to the New Jersey Treasury /taxation because I am looking for tax delinquent properties. Do I talk to the tax admin and ask for a tax delinquent list or is there a website where I can get this info. Thanks in a...
Account Closed
Dealing with Fannie Mae?
Has anyone had any success buying bulk packages directly from Fannie Mae?
I am interested to hear if anyone has had any positive or negative experiences with Fannie and also how they got in touch to get a bulk pack...
Vlad Denisov
Valuation of multi-family
If the value of a multi-family is based on NOI, and we know that rents in B - , C+ are gonna stay the same during recession, then why would the price of our property fall? What are the reasons behind it I don't see?
Emily Yost
2017 French election impact on US mortgage rates
With the completion of French elections, how do you think the election of Macron will impact US mortgage rates? Do you think they will stay the same, or do you think we will see a drop in rates like we did after Brexi...
Avery Biles
Cash for downpayment
We have a lender saying we cant use cash as a down payment for a house, and that we would have to distribute the money to family/friends bank accounts then get them to wire the funds to the the lender. I'm not an expe...
John McKee
Don't forget to file your BOI Reports by the end of the year
If you own a business even if it's a pass through LLC for your real estate you have to file a BOI Report by the end of this year.BOI stands for Benefit ownership information. It's a one time free filing made to the F...
Account Closed
Follow up on TALF program; Extended
As some of you may, or may have not heard, the Fed has extended the TALF program til June 30th of next year.
Here's the meat and taters of it.
The Federal Reserve extended by three to six months an emergency program...
Jason V.
Commercial Loan Help
Hoping for some help with a plain-english translation of this information from my Community Banker on commercial loans:“5-year fixed rate, 10-year maturity, up to a 20-year amortization. Start rates are around 4.75% ...
Ryan Dunn
When do you think we will see the .5% rate drop hit loans?
I know the market had priced in a .25% drop into loans for the last few weeks maybe a month. So when do we start to see the extra .25% hit on the loan side?Why i ask is i am looking for a DSCR loan and hoping to see b...