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Looking at a 14 unit apartment complex in 3 buildings. NOI is really solid. List price is $550,000. Question I have, what would financing look like on a multifamily deal? Should I just go to a local bank or seek out F...
Hi everyone, I came across a 6 unit MFH. Asking is 54k, my contractor said it would be 80-120k to completely update the property (it is vacant, mostly cosmetic but still run down). The property would gross 3-3500 a m...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Bethlehem.
Purchase price: $220,500
Cash invested: $30,833
Off-Market deal that I found by e-mailing people with open apart...
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Hi all,
I found a listing I am interested in, it's a warehouse, 25x100 (was used as a auto shop last)
Seems a warehouse should be pretty straight forward, since it's just a bare brick shell, right?
I'm debating if I s...
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I run an Airbnb short term rental business in Chicago and getting close to 100 units under management. I master lease propertiesI have a substantial operation supporting my current volume. Guests Services, Operations,...
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My partner and I are jumping from multifamilies with conventional mortgage financing to 10-20 unit properties with plans for commercial financing. We have been fortunate to obtain warm references from a developer to a...
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We currently own 5 properties, all have equity with less than 80:20 loan to value. One inpaticular has 30% loan to value currently. We live minimally off the income they generate currently on a sailboat. would ide...
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Investment Info:
Other commercial investment investment.
Purchase price: $240,000
Cash invested: $56,000
Click to see before & after pics and more details on the deal
https://imgur.com/gallery/D1...
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I Have a deal in Pennsylvania and it can be a full 20 unit apartment building or you can turn the 1st floor into a small shop or business. How should I advertise this property as?
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I always read that you need cash to buy foreclosures. Could a commercial loan be made to work with sites like auction.com and with municipalities or banks’ auctions ?