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Looking to pull some equity out of commercial property. Thinking about a heloc loan just because of options, term and keeping cash option on hand if economy turns next year. What loan options are some of you doing?
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Hello Bigger Pockets Nation,
I am a fairly new investor and happened to come across an excellent opportunity for a large portfolio acquisition.
I have spoken with a couple lenders and being told that I must put dow...
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What are the differences in requirements for funding commercial properties (5+ units), like down payment percentage and length/terms of loan???
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Hello All.I own a 3-family residential house in Medford, MA that has a Commercial Unit attached. The Commercial unit is currently being rented out as a Convenience Store. The mortgage on the property is paid off and...
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There is a commercial property in my area i have been doing research on because i am interested in purchasing it, however the owner is known for being high on his prices and borderline dishonest with his valuation. He...
In the past two weeks, I have received calls from motivated sellers of commercial property in TN. I am new to Wholesale Real Estate, so I am unsure of how to do valuation to know whether propose an offer or not. Any s...
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Do you mind giving me your thoughts? Last year I bought a Single Family Unit for $96,000 and after spending approximately $14,000 in rehab cost. I then rented the property for one year and sold it for $162,500. I a...
Hey Bigger Pockets!
I'm a newbie investor trying to build capital by wholesaling. It's my understanding that when analyzing commercial property, there are other factors to consider as to analyzing a residential fli...
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I just secured a long term tenant for my commercial building which should generate $72k/yr for 10 years. It appraised at $770k. I was offered $950k to buy it with the tenant in place. I owe $350k on the Mortage. Shoul...
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What is a reasonable snow removal policy for a mixed use commercial property? It includes apartments and a single commercial tenant.Our policy is to plow once snow accumulated 3 inches and re plow once it reaches agai...