All Forum Posts by: Cin Khai
Cin Khai has started 8 posts and replied 35 times.
@Jake Garrity
Great job well done and thanks for sharing. Did you mean you purchased under your name and refinance into an LLC ? If so, would you mind sharing information of your refinance lender? Thanks
Post: Commercial realtor fees

- New York City, NY
- Posts 47
- Votes 12
Originally posted by @David M.:
@Cin Khai
If you buy it under your personal name instead of an entity like a LLC it would be a residential mortgage. However, I think the ltv requirements for them are higher, say 20%, because it's a multi family.
I’ve never done a multi family transaction so not really sure of other financing options
Thanks alot for all the answers.
Post: Commercial realtor fees

- New York City, NY
- Posts 47
- Votes 12
Post: Commercial realtor fees

- New York City, NY
- Posts 47
- Votes 12
Thank you everyone for your inputs. If a deal consist of, for example, 3 fourplexes, would that be commercial or residential ? Thanks
Post: Commercial realtor fees

- New York City, NY
- Posts 47
- Votes 12
@David M.
Thanks for the great answer. Do apartments buyers typically work with commercial realtor or they deal directly with listing broker if it’s listed by broker? Thanks
Post: Commercial realtor fees

- New York City, NY
- Posts 47
- Votes 12
Hello BPers. I recently closed on a duplex (my first property ever bought) and still learning the ropes. I'm looking at apartments too for my next target and since I don't have much experience and knowledge I'm wondering how much value can I get from commercial realtors.
How do commercial realtor get paid? Do they get paid just like residential realtor 3% if representing buyer side? What are the difference in roles between residential and commercial realtor? How do I choose commercial realtor? Will they help with due diligence and getting documents from seller/broker, etc? Thanks.
Post: Equity partner on a flip

- New York City, NY
- Posts 47
- Votes 12
@Tanvir Sattar
Thanks. What if I partner with a realtor/GC who would do all the works like sourcing deals, rehabbing, and selling? What would be the structure like for cash investment and % equity? Thanks
Post: Equity partner on a flip

- New York City, NY
- Posts 47
- Votes 12
What are the things that I need to know or experience I need to have before going in a JV with a GC also an agent on a fix and flip? I'm currently looking at this route and would love to learn what to expect from the GC partner including operating agreement, pricing, timeline vs money schedules etc anything. Thanks in advance.
Post: Real estate attorney in Cleveland OH

- New York City, NY
- Posts 47
- Votes 12
@Carl Fischer Thank you.
Post: Numbers from a 14 unit apartment in Cincinnati for 2019

- New York City, NY
- Posts 47
- Votes 12
@Michael Hooper Thanks for sharing all the details which really helps new people like me. Do you mind if I connect and PM you? Thanks.