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Hi, do commercial lenders generally allow the seller to carry back in second position the 25% not financed by the lender (to effectively create a purchase with no money down for buyer)?
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Hello BP! How are you all doing on this fine day? I hope everyone is well and prospering. Or planning to prosper! My name is Ian, I am currently residing in Charlotte but I am a transplant from up north; Ohio...
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This phrase has been repeated more than ever in the past couple of years, and sales are confirming it. From single-family, to retail, to industrial it seems all segments are seeing peak prices with very few days on m...
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Hi all. First post, and looking forward to giving back to the community once I acquire more knowledge myself.We rent out 25% of our primary residence to a long-term tenant. I am wondering if it's 1) possible and 2) ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Gastonia.
Purchase price: $800,000
Cash invested: $247,000
Sale price: $1,690,000
Mobile home park with 35 pa...
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I recently purchased a mobile home community. There is an on-site office. It even came with an on-site community manager. It did not come with electronic documents. Not one. All she has done for the last 14 years is m...
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I have a 20 unit complex that is C- in a B area. I raised the rents for all of the units and as hoped for, a few moved out. I want to redo the units and go up on the rent even more. My fear is that the current tena...
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Has anyone insured a rental property for only loss of the building without replacement? Insurance rates are through the roof due to cost of material they say. Thinking about insuring without replacement until rates dr...
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anyone else's markets behaving radically during a Pandemic?
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We decided to add an addition, master bedroom/bath, to our rental house. It did not go as planned and need advice on how to report expenses with no current rental income on my tax return. The rental house was shut do...