So my brother in-law and I want to buy an apartment complex that’s less than a million dollars and around ten units. I HAVE NO IDEA HOW TO GET A LOAN. Do I need 20% down? Do I have to prove cash flow ability? Can I ge...
I'm new to 1031s. Are there any creative rules that might help us in the following situation? Are there any other options I am not thinking of?Background: As my husband and I consolidate properties within our family b...
We recently found someone looking to sell a mid-sized commercial property. To-date we've only done smaller deals (duplexes/triplexes), and have self funded everything with bank financing. This is a much larger deal, a...
From time to time the topic of second exit out of a bedroom comes up and people want to know what is required. Here are the code requirements for the window. You will need to verify what code edition your local jur...
I have my first commercial property under contract in Crystal Lake (North of Chicago), IL and I am looking for recommendations for lenders. I am honestly not really sure where to start for commercial loans. I have a b...
I am representing a client that is relocating and the space they currently occupy is located in a great area in Lincoln Park in Chicago. I have a pro forma all worked out and the profit potential is over $3 Million. I...
What are the numbers banks run through to determine if a deal is good to lend on? I’m looking to buy apartment buildings.
I have a handful of properties that are local to me (Houston, Tx). All of them have a decent cash on cash return and I’ve always been selective of my purchases. Most of my properties have section 8 tenants and I can’t...
Hello everyone.I read countless of posts and articles online about investing in real estate, but I can't find anything that is related to my current situation. I'm hoping that the wisdom of this community can give me ...
Hello I am in the process of purchasing a single-family home in Denver, Colorado and I am having some issues with funding. I am looking for advice on creative ways to possibly find a home purchase. If anyone has any i...