Rick Baker
Typical commercial lease
I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another...
Ryan Reddi
Typical reserves calculation
Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.
I'm currently contemplating the purchase of a newly constructed proper...
Michael Mudrey
Typical commercial terms?
Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
Junior Salters
Typical closing costs
How much are the closing costs roughly or on average dealing in wholesaling? I know it's a simple question and probably depends on closing attorney or title company. Thanks!
Morgan Wells
Typical attorney fees
Good evening guys, I am buying my first commercial office property. We are just a few weeks away from closing. I hired an attorney to help draft the PA and generally help protect my interests. Purchase price is only 5...
Jeff Baird
Typical partnership split
I have the opportunity to possibly partner with someone who has more money than time, which would be a great fit as I have more time than money. My question is this: I know that every situation is different, but what...
Micheal Waldrup
Typical REO discount?
I've been looking into REOs in my area. While there aren't very many, I've tried to think about what kinds of offers are generally accepted for REOs. Outside of (and most importantly) making sure that an offer I make ...
Steve Oswald
Typical Multifamily initial Financing
Hello Everyone,Got a question concering MF 5 +. What are typical lending terms for smaller MF investments (<20 units) upon purchase. I've only dealt with a Credit Union and I'm only able to get 5 year term, 20 ye...
Nicholas J.
Rate lock “typical fee”
I am doing my 2nd cash out refi on a rental house, and the bank is telling me I have to pay $450 rate lock fee, which I said I don’t want if there is a fee with it. They claim this fee has to be charged whether I wan...
Donny Long
Typical Offer on BRRRR
Anyone want to share what the typical initial offer that you give (as a percentage of the asking price) on BRRRR's? I understand this is a broad question with many extraneous variables, but hoping to get some insight.