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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Post: Getting Started In Triple Net (NNN) Investing

Account ClosedPosted
  • Posts 2
  • Votes 0
Quote from @John McKee:

I stand corrected. Due to commercial NNN rates hitting close to 6% with cap rates in the 5 range, now you have to put 40% down or more to make the cash flow work. It will take sometime for the sellers to adjust their pricing as everyone is in shock that wants financing.


 Thanks for the follow up response John. 

Are 30 year mortgages available for NNN properties? If not, what terms are available that you've used?

Are sellers of NNN properties usually open to carrying a note for a portion of the purchase price?

Do you keep working capital for your NNN property?

How many years left on the lease do banks like to see on NNN property?

Post: Getting Started In Triple Net (NNN) Investing

Account ClosedPosted
  • Posts 2
  • Votes 0

As someone who only has one single family rental, it seems like a huge jump to get into NNN.

Specifically, the financing part. I know banks have different LTV requirements, and seller carry for a portion is another option.

-For those in the group experienced in NNN investing, how did you start in the industry?

-Any recommendations on how to get investors if you don't have NNN experience?

-Can you give me an example of a deal you've work on in the past as well as the terms of the financing? 

-If you have experience, would you be open to mentor me? I would be very grateful and can help with bringing you deals or even working for free if I were able to learn from you. 

I'm located in Southern California, but open to investing throughout the US.