I found a mobile home park I like and the owner is willing to finance but is asking for $400,000 down on a $1,200,000 sale price. I only have a $100,000 so I was looking into creative ways to get this deal done. I h...
Does anyone (brokers/otherwise) have any experience with commercial multifamily (5+ units) in Wayne County? Specifically, what seems to be the going CAP rate for the area? The property we are considering is in NE Wa...
I’m looking to buy another SFH investment property in the Cape Coral/Fort Myers area. Any advice on how to continue to scale in this area would be greatly appreciated.
As of right now, all I know how to do is go on Loopnet (or a similar site) and take the Cap Rate at face value and run numbers as if that's what I'm guaranteed to get out of the investment.For those of you who have ex...
Hey All!Just joined and heard a ton about the great community here on all sides of investments. I'm actually working with my Father to provide private money lending for REI and are really set on clarity, communication...
Found a nice hotel for sale . Completely renovated and ready for business. 36 rooms all redone. Small restaurant. How would I go about figuring out what it’s worth? It’s listed for sale right now but I’d like to figur...
Hello! I am looking to purchase a small apartment complex, they want it at 6.52 cap rate, 5.25M asking. (I think) I vaguely remember something being said that if you make a purchase with your interest rate higher th...
Looking to renew my license and get it out of holding. I’ve been interviewing brokers. What is a good commission split? When I started 20 years ago it was 50/50.... I was back in the game about 6 years ago for a hot m...
I’m trying to pick up a small MF property (12 units) and it seems the recent banking crisis has started a bit of a credit crunch in the commercial lending world… my favorite lender to work with (a really knowledgeable...
Hey guys I'm new to buy n hold investing and I'm looking to get my first property in Vegas as a house hack with a 3-4 Unit Multi Fam. I'm wondering if Calculating cap rate really matters with residential properties le...