Have found a man retiring and selling his mobile home park for 1.6 mil, 39 units 100%paying and occupied grossing 186k with expenses 67500. He's seller financing with 30% dn. If i have this right, that is a13% return,...
Interest rates for multi fam loans are up about 1% since the summer. The fed wants to raise rates to 2.5-3% over the next few years. How will this impact cap rates? Will investors take the long view and suffer less ca...
I currently have a 4 plex under contract and am at a bit of a crossroads whether or not I should try to proceed. I am trying to work the numbers on a to-the-studs rehab. The property has 4 identical units, 2 up and 2...
So I wonder what most of the other investors with multifamily rentals in the CLE market strive for number wise? I am not sure if I am expecting to little or too much? I am using the 50% for expense rule, after that...
Hello my name is Clint. My friend and I have been talking about this Idea that I came up with 3 years ago while I was renting a room in a 100 year old house. I wanted to buy that old house and remodel it to be six sep...
I am looking for multifamily commercial property, of 12 units or more. I found listings basically give limited information about the property, such as a listing in Pennsylvania, 16 unit for 1,600,000 the ad procee...
Below is my unsuccessful attempt to understand SBA rules - an area new to me, so I have an excuse.
PART 1 - FLIPPING and SBA
I was prompted to look into this after one of our clients, a flipper, showed us an interes...
What are all of the different forms and contracts you need the homeowner to sign in order to properly get a property under contract to wholesale it???
I came across some land for 84,000 it has 3 mobile home which pay 499.00 a month for the land they own the mobile home so they do all the maintenance and repairs all I have to do is pay the taxes and pay 250.00 a year...