Owen Burton
Purchase requires assumption of current debt. Next Steps?
I received a listing from a broker that requires the buyer to assume the property's existing loan. If I determine a revised value that's ~$1M less than the listed principal amount (after adjusting vacancy etc. to 10% ...
Peyton Zachrich
Is it possible to renegotiate an inherited billboard contract?
A self-storage facility I bought a few months back has a large billboard with a market rate of about $400-500/month, but the prior owner signed a contract that provided an easement to Lynd for a period of 10 years, st...
Dan Favor
Good to be out of the wood shed!
Hello,
My name is Dan Favor from MI. and it's good to be here. I come from a sales/Mortgage background, and I am ready to start investing full time. I am incorporated and have been in the proverbi...
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Rob Carmody
How should I handle a Contractor Dispute?
I have been through the worst experience with this drywaller.
I am not using a general contractor, I have been organizing the labor myself. I am doing this completely remotely, which has been a massive pain/lesson le...
Caleb Whitney
% below BPO
EDIT: the title should read "% below BPO
Can anyone post what the percentages below BPO the different loan type usually take? I'd like to hear some negotiators chime in on this one.
Will Gaston
Negotiating down a 30k Pre-Payment Penalty?
All:Has anybody had any luck negotiating down a pre-payment penalty? I currently have a seven figure note with a local bank and am currently required to pay a 3% pre-payment penalty if I refinance it with another bank...
Beena Shah
Find Multi-Family opportunities
I am a residential agent, Is there a common platform to find multifamily deals. Any guidance to find deals online will be helpful.
Adaze Foltz
A Strategic Advantage for Real Estate Investors
Please share your thoughts:What are some of the most favorable terms you’ve negotiated with private lenders? How do these terms compare to traditional loan options?What strategies have you found effective in building ...
Hassan Adan
Seller is not motivated to sell
Hey everybody I'm currently in the talk of getting my first deal but I am dealling with an unmotivated seller. The building has no heat, no eletric. The sellers plan was to build a 3 family there but zoning will only ...