The biggest complaint of commercial real estate investors these days is not being able to obtain commercial financing. Prior to the real estate meltdown, commercial real estate investors were not readily utilizing ...
Hi, I am considering using bridge financing through a hard money lender in order to put in a cash offer. I am in Atlanta and the seller is only considering cash offers. The hard money lender’s terms are very expensive...
7% Bridge LoanDid anyone of you done a bridge loan recently for a small apartment? 7% interest with 2% origination fee for $900,00 cost reasonable? The apartment is currently 70% full. The purchase price is $810k and ...
Hi Everyone,
My name is Mbei Enoh and I am new to this forum. My group specializes in bridge lending to owners with distressed/underwater commercial properties or facing commercial foreclosure, and we can help them s...
Today, Two Bridges Asset Management LLC signed a deal to purchase another 116 units in Spartanburg, South Carolina -- a beautiful B property. Together with the 54-unit deal we're working on now, we'll close 170 units...
Hi Everyone,I am looking for suggestions that folks have had luck with in the past to get from ~10-15% figure to 20-25% (Say an additional 50k) to satisfy commercial lenders. There is a 7 unit MF property that just ca...
Hi Everyone,
I am looking for suggestions that folks have had
luck with in the past to get from ~10-15% figure to 20-25% (Say an
additional 50k) to satisfy commercial lenders. There is a 7 unit MF
property that...
Hey BP -I'm in contract to purchase a mixed use property in Northern New Jersey and I have a question for all of you lending guru's out there. As is, I'm purchasing the property at a 6.5% cap, but upon lease up of the...
I’m doing another BRRRR, and looking for a 10% down lender. Finding some of my hard money lenders no longer have their 10% down programs. Who are you all using for 10% down these days?
I am posting to express my interest in exploring a real estate internship. I have passion for the real estate industry and a strong desire to learn and grow within this dynamic field.
The internship I am seeking is t...