I hope that nobody procrastinated until the last minute, as Saturday August the 8th is the deadline to apply for PPP loans.But if you are eligible and have not yet applied - this company has been efficient and is stil...
Hello everyone, and hope all is well. Just wanted to introduce myself. I am a property manager for my family real estate business, but will be looking to purchase my own "buy and hold" investment properties (outside o...
Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?
I s...
Here are a couple basic questions to finance an owner-occupied 14-unit apartment complex priced at $3m...
What is the min. down payment required?
Is there such a thing as "stated-income" for a commercial loan?
(Selle...
Hello all,So, as a Business Consultant by trade, I never really thought I would find myself asking this question, but here I am. I am looking for advice on how to structure a Business Plan for a multifamily acquisiti...
I have been in discussions about purchasing a 20 unit apartment complex and have some questions. Property detailsPrice- $350k20 units- all 2/1.5 townhome style apartmentsRents- $500 per unit Taxes- $9k per yr (per f...
So, our property management company is expanding pass the capacity of the small (less than 10) staff we have and we're looking to hire more help and get HR. My question is, as I was googling HR services alot came up -...
I purchased a property about 8 years ago. I am now wanting to sell it. It appears the register of deeds never listed me as the owner. Upon further investigation the closing agent didn't have the seller sign the deed...
I have a townhouse with a 20+ year old air conditioner and furnace. My tenant reported that if she set the thermostat at 75F the system would cycle on and off as is normal. However, when she set the thermostat at 74F ...
Last Tuesday, I went to a Planning and Zoning meeting and received a lot of verbal support for expanding my community. This park is right outside of the more populated area in my county but is a short drive to everyth...