I have an opportuity to pick up a 6 unit rental in Northern California that looks like it will run a 14% COC Return. My question is commercial financing would need to be used. How does commercial qualify you /proper...
I'm wondering if anyone has had to give a personal guarantee on their existing debt in order to obtain more financing?
I currently have (1) FHA mortgage, (3) Freddie conforming mortgages and (5) portfolio loans thr...
Hi All,We are a new investors and recently bought our first property. The title is in the name of 3 partners right now. We have formed an LLC and would like to transfer the title to the LLC. Can someone please define ...
Most of the commercial properties that I buy are ones that make lenders cringe. Vacant for years, need rehab etc. I finally have all of my properties stabilized and cash flowing nicely. My local banks rarely do any...
Hey Everyone,I live and work in the San Francisco Bay Area.Houses here are expensive (relative to many other parts of the country) and require significant amounts of capital tied up in a down payment.I was looking to ...
Hi Guys, so my business partner and I have an investor looking to invest in a multi-family property we are about to acquire. His investment will go towards acquisition and stabilization. We will give him a guaranteed ...
Hey there, Under contract on a 16 room Motel and Restaurant. Seller does not want to hold paper. To my surprise, local banks are a bit disinterested in the Hospitality sector right now. Pro Forma looks great, stron...
I am new to real estate investing and have approx $200k liquid to begin. I am not eligible for a conventional loan as I am working for a start-up company and will not be approved for a mortgage.My thinking is to seek ...
I consider the business form of LLC vs Self-Employed to do rental business. For now, I am leaning toward establishing an LLC to purchase and rent real estate. In this case, the LLC won't have any income performance f...
Hey There!After browsing various threads on the subject there is one question that remains when it comes to financing and asset protection.I realize that you would have to get a non-conventional loan if you are buying...