I have lived and invested in Memphis, Tn for the last few years, but relocated to the Portland, Me area this past summer. I have done quite a bit of looking over the last few months and I "think" I have settled on co...
Hi BP fam, I wanted to hear your idea/strategies. I realize they're several ways out there for attaining my goal of acquiring an apt building. I currently have a small duplex. I would like to get a small apt building...
Commercial real estate foreclosures aren’t going away in 2012, experts say. Most believe that the recovery will take at least a couple more years on the commercial side. The residential side is another story altogethe...
I did a search and couldn't find an answer to my question. How come you can only edit your post for a short time after posting it?
There are times when I'd like to change a thread due to improper wording, poor explan...
What are the steps for e relative new investor for obtaining commercial loan in the future? What can I do today in order to set good foundations to be able to go after an apartment building in the future, and how long...
Do all hard money lenders require a reserve? I've just started talking with a hard money lender and they want at least 20K in reserves before moving forward. They claim it's standard. My credit is good, my debt-to-...
Hi, I am looking at a couple properties off of loopnet and there are some multifamily properties that interest me. There is an 8 unit but it is in the nicer area, so it is for sale for about 2 million dollars.Basicall...
I did plenty of residential investments and loans with online lenders. But doing first true commercial loan for a retail building (1.5M loan with 75LTV) can be a different experience due to different qualification pro...
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Can you all give me an opinion of these numbers and tell me what you think.24 unit MF central corridor of Saint Louis. Great central location close to everything. Good neighborhood that is steadily becoming one of t...