Scott Walton
120 Unit Senior Housing Development: Construction Loan
Hi there,I am developing a 120 unit IL/ISL community on a 19 acre property (flush with old growth trees, waterfront, and 210 foot elevated views). The project is $54M in total costs. The debt equity split on the finan...
Wells Mangrum
Need Additional Opinion on Potential Deal
I have an accepted purchase agreement on a 85,000 square feet industrial building. This is a sale-lease-back meaning that the current owner is selling the property and agreeing to lease it back to me at a 7.75% capit...
Account Closed
NNN - Commercial Real Estate Investing
Hello,I am a huge fan of these BP forums and have learned so much! I feel like I am in the "analysis paralysis" stage though as I have been studying real estate investing for over 5 years now.I first was interested in...
Travis Bagley
Refinancing Multi-Member LLC
Alright I never thought this would be the hard part of real estate investing.
I have 2 properties that are owned outright by my LLC. Properties are in the 165K and 170K area so not looking for a micro-loan or anythin...
Tyler Scranton
Getting a mortgage under LLC
My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle. This is our first purchase and are planning on making more purchases under the same LLC. We are ...
Greg C.
Unusual Tax Lien Auction Requirement
Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
Kevin Noesner
The best site for NNN commercial properties
I’m currently in the market for an absolute net property and having trouble finding a definitive resource for this market. The best sites I’ve found so far are Crexi, LoopNet, Calkain, and NNNex.
Am I missing any com...
Account Closed
Typical funding requirements for a 4-plex?
So I looked up the highest rated loan officers on Zillow in my area and I sent them all emails asking what the general requirements are for purchasing a 4 plex; I got quite different answers from all of them!First, fo...
Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Chris George
Cash out Refi - BRRR
Hi Everyone! I am pumped to announce I have just completed my first investment acquisition in Charleston, SC. We did a week of renovation and already have it rented out. I set this property up in an LLC and am now loo...