Matthew Hollister
Electric locks for commercial office building?
I just closed on a big commercial office building with a few businesses inside. Does anyone have any advice for switching from manual locks to electric locks? I will not be at the building everyday to lock it up and I...
Robert Ortiz
LLC loan questions for first time investors
Good morning all and I hope this thread finds you all well. To start off, my business partner and I are new to investment properties and I have a few questions about loans. We have started a separate LLC for this new ...
Mark Elmore
Locking in low fixed rate for a commercial building (office)
I'm looking to possibly take advantage of the crazy low rates and refi from a floating into fixed as long as term as I can go. Hopefully 15 yr plus... any idea on terms and who would be good for these on a NV propert...
Ash Patel
Keys to tenant space?
I have what I am sure is a rookie question. Do commercial landlords have keys and alarm codes to all of their tenant spaces?In my case, I have keys/codes for the tenants that I signed, however, I do not have access f...
Matthew Paul
Is evicting from commercial different than residential ?
I was wondering if the procedure is the same to get a commercial tenant out for non payment as it is for a residential property
Lisa Jones
Replacing a front door to a building in rough neighborhood
Hi All-
I hired a new PM to manage my quad in an “up and coming” neighborhood. They took over in February and part of the punch list was to replace the front door to the building as the lock has been broken and it’s ...
Simon Hernandez
How are these terms on a commercial multifamily loan?
Hello everyone. I'm in the hunt for a commercial multifamily under $525k and I've been offered 7.99%, 30 year fixed with 25% down. Is this in line with what you all are seeing out there? Thanks!
John Matthew Johnston
Commercial Loans= No loan disclosures?!!
Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...
John Matthew Johnston
NO LOAN DISCLOSURES IN COMMERCIAL LENDING?
Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
Hi,
I have two BRRRR loans with Fixated Funding, both starting and closing on the same day. One loan was locked at 6.9%, the other at 7.1%. However, I just received the closing docs, and the rate on the 6.9% loan has...