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This is a bit of a unique situation but wow do I see the value. I would like to get insight from a creative lending position. This is a 15 acre property with a 121 years old barn that has been restored. There is als...
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My partner is providing 50% of the down payment and signing with me. What is a good return for him?I will be matching his 50% and we will also split the initial cost on the remodel. He will be totally hands off. I wil...
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I am purchasing a property (4-plex) roughly ~1.5 hours away that I want to hire a PM for. I have interviewed a few, and have found my own realtor and a professional company as the most responsive and with the most ast...
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Hello,I'm looking into a 30 unit apartment complex listed at $1,700,000. I've dealt mainly with single family homes for the past few years, so this would be something fairly new to me. I would like some input on get...
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One of my contact Restaurant Owner want to buy a commercial property in central New Jersey in a clean area. He got the down 20% payment. But No Bank Financing. He and his son work as Chef in the restaurant. He is look...
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I live in Michigan, and the housing market is so damn competitive real estate blogs calling it “absolutely crazy”. Listing rising by double digits for every offer, and I heard something about our market rising 40%. I ...
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What type of buying credentials do you have for a mobile home park? What are you looking for? What type of CAP rate are you looking for? How do CAP rates for a MHP compare to an apartment building for instance?
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hi bpHow are you? Thanks as always in advance.-------So I have a mix use building.I have put in a restaurant business (new business- good food and rating so far).Now I have a few prospects for the other unit.How impo...
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I recently sold my primary residence and have a fairly large cash reserve. I am about to buy a home in Charlotte and my DTI will increase from 5.4% to nearly 45%. The total monthly payment is about $1,750/month if I p...
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Like the title says, I am lookin for help to gain financing for my first REI deal. I have taken the last year or so to educate myself enough to start my business up, but as many of you probably know better then I do, ...