Neil Furry
LLC paying rent to Personal
I have just purchased my first commercial purchase. It is a unit I am going to build out for working space for my business. The commercial loan was taken out in the business with me (100% owner of the business) as a g...
Account Closed
Multifamily home contract question
I'm looking at a multi family home with 6 units, it's not on the market but the owner will sell. I'm hoping I can take knowledge form some of the books I've aquired and bounce things off of the bigger pockets forums t...
Paul DeSilva
[Calc Review] Help me analyze this deal
Hey BP, Closed on this 7 unit last Wednesday, what do you guys think. This is my first commercial purchase and it felt great to close on this deal. Thanks and Happy Investing View report*This link comes directly from ...
Bob Asad
Use SFH HELOC to Purchase 12-Unit Apartment?
Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...
Craig Bellot
6 family commercial purchase
Hi all, we've selected a 6 unit ~ 250k to put an offer on that most likely will be accepted.
We have 3 partners funding the down payment, the majority partner with over 60% of the money has the best credit > 800...
Jeff Licciardi
Advice on Commercial Purchase
Hi Folks - hoping for a a little help to get my thoughts straight. Here are the basics.I currently occupy 11,800 sqft of a 20,000 sqft building. The building houses a strength and conditioning facility (gym) that I ...
Thomas McTier
1st Multifamily Commercial Purchase
On Friday my business partner and I closed on our 1st commercial multifamily property which was a 9 unit apartment building. Hightlights of the deal are below. I am grateful and blessed for all the people which helpe...
Thomas McTier
1st Multifamily Commercial Purchase
On Friday my business partner and I closed on our 1st commercial multifamily property which was a 9 unit apartment building. Hightlights of the deal are below. I am grateful and blessed for all the people which helpe...
David Ptak
Commercial Purchase of Motel
I'm looking to purchase a motel. The seller wants 2.5% of the sales price for the earnest money deposit with a 30 day contingency period and a 45 day close. It would include seller financing. Does this sound reasonabl...
Gus Muller
First small commercial purchase
Investment Info:
Office Space commercial investment investment.
Purchase price: $150,000
Cash invested: $20,000
Sale price: $255,000
First small commercial property purchase. Purchased with cash ...