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The sellers are willing to finance. Now what? How do I make a formal offer without an agent? Get an attorney? One of the seller partners was the state real estate commissioner and has me major in town for as long as I...
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Would anyone recommend asking sellers to sign a memorandum if you feel like they may potentially get cold feet on selling a property to you? I’m also curious on how you would file it at the courthouse if the seller ba...
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Hello, community!I am about to close escrow on a large commercial building here in Northern California. The non-profit owner/occupant was facing foreclosure and so they listed the building at a very aggressive price p...
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Which is the best way to purchase multi-fam?
Hello All, I'm in process to sign a non binding, based on securing financing LOI for a Four building Portfolio. I have done cash deals in philly on SFR (Thanks to BP I pulled the trigger) , but first time with multi i...
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Hello everyone!I am in the process of my first commercial deal and need a little help, please.My mentor helped me run the financials based off of what the seller is claiming is the monthly cash flow. However, we want ...
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I was asked to send pre approval letter in order to see a property, I'm not using a hard money lender, I have a PML. What should I do??
Thank you for your cooperation
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Hi. Want to get started but unsure. Need some guidance. We have a property in mind here in Palm Beach County, FL that we want to make an offer on to rehab and flip. It's a friend's rental property that he wants to get...
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Hello guys I’m going to keep this really short! I’ve been doing some research on the 1031 exchange and I’ve learned just how beneficial it can be for investors and growing wealth. With that said should I be worried wi...
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Hey team! I am doing LOI for 12-unit commercial property. They want escrow money at 2% of asking to submit a LOI. Is this normal? FYI. This is my first commercial property I am pursuing. We didn't do a LOI with my oth...