Get help structuring your deals with creative financing techniques by applying to our Protege Program: www.commercialpropertyadvisors.com/protege-program
You are a breath of "fresh air." I wish I knew about you years ago,. Better late than never. Thank you for the information. You deliver in clear ways that is so encouraging.
Winner of a video, I been tryin to find out about "basics real estate investing" for a while now, and I think this has helped. Ever heard of - Ponasson Estate Earthman - (search on google ) ? Ive heard some pretty good things about it and my colleague got amazing results with it.
Cheers for this, I have been researching "new york university real estate institute" for a while now, and I think this has helped. Have you ever come across - Yiyrianna Tonwen Theorem - (just google it ) ? Ive heard some unbelievable things about it and my neighbour got great results with it.
Thanks, Peter for sharing your valuable knowledge and time regarding commercial RE investing! I look forward to catching up on existing content on EVERYTHING to come. Detailed information explained very well!
I am a older hairstylist who married late in life with an adult daughter and granddaughter. I would like to purchase commercial real estate with living quarters atop. My marriage felt threatened a couple days ago and realeyesd my status and income would go down should we depart. I also realeyesd neither of my offsprings visited much because it's my husbands house. With an apartment atop they or we could stay there when they come to town.
great video. thank you question :I'm working on a deal where I have no contact with seller,the broker does it all.How to be creative in this situation?
felix oyinloye start with commercial. Any property 5 units or more. That way your increasing value by business instead of residential. Try and stay under 2.5million if you have no money down.
The loan officers will only allow a second mortgage as long as you're putting in 10%. So the seller carry needs to be at least 10% and you 10% cash. So depending on motivation 30% seller carry-back 10% you 60% loan
I think you are referring to the owner receiving the lease payment but not the actual lease payment. The new investor is responsible for the actual new lease payment right?
This is very powerful stuff! Thank you for your knowledge and expertise. Now are you ready to partner on some deals? I find them all day long. Let me know. Thanks.
I love your videos. I want to buy my first multi property need your advice. , offered at a base cap rate of 5.26% with a 7.20% proforma cap rate * Seller carryback financing for a quick close * The property includes three large units with various room configurations. Is it a good deal? What would be my next step?
If I am buying a property that has high vacancy and is in bad condition........How do I work out the deal so that I pay what the seller wants on my terms but also have money to fix up the place to make it rentable?
We have over 110+ specialty lenders offering literally thousands of commercial real estate loan programs and loan variations with billions of dollars to immediately deploy. Name: Arthur Email: knoclan@gmail.com Phone: 256-500-1599
I would love to learn from you I have a deal on the table for two multi family buildings that are distressed and I need some guidance on what to do to structure a good deal on them
Peace, if you know of anyone looking for a commercial real estate loan... I’m The Link, we have over 110+ specialty lenders offering literally thousands of commercial real estate loan programs and loan variations with billions of dollars to immediately deploy. Name: Arthur Email: knoclan@gmail.com Phone: 256-500-1599
Wait a minute it's prices too high and the numbers don't work. I've got to find a different approach so if I readjust price and we agreed to price a Master Lease over and above the mortgage payment. Wow okay
Say I'm a buyer and I find a seller willing to do seller financing... who takes care of the paper work and process? an attorney, CPA, real state agent? and who pays for that?
Ideally, smart commercial real estate investors handle that paperwork themselves or they hire their attorney to do it (you don't want the seller to do that), and ideally, you pay for it. Ideally, you negotiate an interest rate that is less than the what a bank would give you.
Thank you for such a great video. Also have a question : There is a commercially very unattractive property in high distress over years located where the homeless hang out. It's never been listed on the market for sale, just sitting there unoccupied for several years. I would like to turn this distressed warehouse into an education center that teaches the history of the town for local children and community. I've found out from County assessor that this property is free n clear and is currently co-owned by family members (elderly parents and a daughter) in forms of living trust and a LLC. They are really famous wealthy people, and I am not. Any advise on how I should approach and contact them (email or mail, via CRE broker, etc) and also which structure would you recommend for my case? Once again, thank you and I will keep you updated if things go right :)
Peace Queen, if you know of anyone looking for a commercial real estate loan, we have over 110+ specialty lenders offering literally thousands of commercial real estate loan programs and loan variations with billions of dollars to immediately deploy. Name: Arthur Email: knoclan@gmail.com Phone: 256-500-1599
If you're planning on occupying the property, you can get a 504 loan. The banks will require 10% down but will allow you to finance an additional 10% for equipment and upgrades. At least that's what Wells Fargo does.
What's the exit plan? How will you make money ?? Get a partner - join real estate groups (locally) and get one of them to take a chunk of the investment.
Peace, if you know of anyone looking for a commercial real estate loan... I’m The Link, we have over 110+ specialty lenders offering literally thousands of commercial real estate loan programs and loan variations with billions of dollars to immediately deploy. Name: Arthur Email: knoclan@gmail.com Phone: 256-500-1599
Peter I would prefer to have the lump sum of $40,000 to invest in another bigger commercial property. Thank You Peter for your awesome training and relationships. Stay safe you and team🙏🏽