Good Morning BP Community!I know, I know: It depends. BUT, for the sake of gaining some really general knowledge: On a "standard" $500,000 deal, what would be a best guess for closing costs and/or upfront costs? (FYI:...
I posted this in another form. I purchased a 17 unit, 3 building retail/warehouse space for $2.15 mil. about 16 months ago. At the time it was about 65% occupied. It appraised for $2.3 million. I've done some remodeli...
When searching for a loan for 4 or more units, would I reach out to a mortgage broker, or go straight to a bank?
Thx!
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
Hello all, so i bought a property in Cleveland OH using hard money terms are 6 months, initially reached out to my lender before the deal about a possible cash out refi which she wrongfully told me i could right way ...
As I've mentioned in a prior post, I've become unemployed in my industry of 17 years (banking - mostly in marketing analytics, market strategy and operations strategy - analyzing where to place new and close offices, ...
Hello,
My name is Josh Gatlin, I am a Junior studying Finance and Economics with a Real Estate focus at the University of Texas at Austin. I joined the site because of the awesome educational value it provides espec...
We currently have a bridge loans for two portfolios that we need to refinance. We have already refinanced one portfolio with an interest only loan and are looking to continue refinancing the next two with the same com...
Certified Financial Planner and former bank regulator with a passion for Capital Markets and REI. Going to try and make this a semi-regular thing that I do. Feel free to AMA regarding financial planning, retirement,...
Experience in international real estate transactions, capital markets, FOREX, commercial real estate (NYC) ,real estate investment (TX & NY), residential real estate (Brazil & NYC).