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Results (10000)
Alan Nelson Commercial cash-out refi possibilities?
6 November 2021 | 0 replies

Hi BP folks - With interest rates being low, it seems like a smart move to pursue a fixed rate cash-out refi on a commercial building that is in a suburb near Indianapolis. Would love feedback on whether I am in the ...

Aubrey P. 1031 a property to fund construction one one already owned?
4 September 2018 | 1 reply

I am looking to mitigate capital gains and depreciation recapture on an upcoming sale of a commercial building I own. Is there a mechanism to 1031 the commercial building I own into the construction of a new duplex on...

Rahman Ch Empty Commercial Building in Rough Neighborhood- 6500 Sq Foot
1 January 2021 | 3 replies

Hi,
I have an empty commercial building in rough neighborhood(near corner of Kedzie and Cermak Road in Chicago) and its 6500 sq ft. 

We would have liked to sell it but it's been a tough sell. We have tried renting...

Julie VanHagen Convert office building into multi unit
30 December 2020 | 2 replies

I see a lot of empty commercial buildings. I am am aware that people convert these into multi unit. Are there any loans that I can get to fund a potential project? Or do you have to have your own cash? Any information...

Angela Smith 3 Properties in one Deal, awesome Price!
12 November 2015 | 0 replies

i need to brag on my hubby (he doesn't have an account here yet, working on that).He closed a deal on 3 properties. The listing was for $70,000 and the appraisal value currently is for $120,000. He got it for $66,000....

Bayu Irjanto Colateral as a down payment for another property
2 January 2020 | 0 replies

Hi All -- I will keep this short. I am in the middle of going into another deal and I was wondering if anyone can share their experience of using their paid rental as collateral for a down payment for a different hous...

Philip Tretola Commercial residential vs multi-family
7 April 2017 | 2 replies

Myself and my partner have bought several multi-unit homes (2-4 units) recently and have contemplated buying a larger commercial property.  I was wondering if anyone has strong feelings/views on buying several multi-u...

Rich Hupper commercial lender question
19 July 2023 | 7 replies

I have two properties, one a commercial building for auto repair, the other is a mixed use building, commercial retail on the bottom floor and 2 residential units above ( this building is currently out of service need...

Graham Mink Once again for the second time?
18 October 2013 | 5 replies

Hello,

Last year I purchased a historic commercial building that had 2 tenants who just barely paid the expenses. The building is 10000 sq ft and only 3000 was being used. After a 6 months of rehab I have fou...

Padric Lynch Length of the Owner Occupancy Requirement for the SBA Loan
23 February 2023 | 5 replies

I know the intent of the SBA 504 loan is for owner occupancy, but when can an owner rent to another tenant? Let's say I build a commercial building and my business occupies 60% (per SBA requirements) of the building w...