Investment Info:
Large multi-family (5+ units) other investment in Lake Mary.
Syndication: Co-GP on a 262-unit class C apartment property in Houston Texas. Assumed fixed rate debt at 3.31%.
What m...
Investment Info:
Large multi-family (5+ units) other investment in Lake Mary.
Syndication: Co-GP on a 262-unit class C apartment property in Houston Texas. Assumed fixed rate debt at 3.31%.
What m...
What are some pros and cons of assuming a commercial loan from a seller? Is this a better option than seeking my own finance? Would banks still do an updated appraisal?
Regards,
Mike Stock
I am analyzing a duplex that has a Section 8 tenant. What is the process to transfer the section 8 tenant from the property owner to me? This is the first time I am dealing with this.
I met a lady selling her house, long story short. she wants to move out of state in a few months and I told her I would buy her house. I told her I would be okay with just taking over her mortgage. and she was just fi...
Hi there,I have an opportunity to assume my neighbors loan. It is a single family home. Nothing fancy. I am looking to do this transaction as soon as possible. What steps do I take to make this happen? His taxes an...
I’m looking to owner occupy an office space. The owner still has a mortgage on the space. The office is medical. I’m trying to find a way to limit my out of pocket funds and minimize how much initial capital I need to...
Does anyone have experience in assuming someone else's mortgage for a fee? I'm looking at buying a SFH that had a refinance back in 2020, so I am assuming the interest rates on the mortgage are lower than they would b...
Hi All -I'm looking to purchase a small 5 unit apartment building in Connecticut which will require a significant amount of capex needed in order to hit proforma returns. Currently, the property is 100% occupied by mo...