All Forum Posts by: Danté Belmonte

I’m glad to hear someone locally hasn’t had issues with this. I’m going to talk to my attorney and a few lenders on this one. With rates at all time lows. I want to lock in those super low rates. Thank you for your help!

@Greg Miller Greg, I am aware of transferring deed or title after closing or at closing from your own name to your entity. But I have been hearing that a lot of investors have been doing that resulting in the financial institute calling the note due, therefore leaving the investor with a $200k bill due within 30 days. I feel that is a risky play.

@Kata Walters what institute is that through?

@Maxwell Dowd I use Visions. They do not offer fixed rates on Commercial so they said.

Hello to all fellow Syracuse Real Estate Investors!

This will be the first monthly Real Estate Investors meet up!

Our first meeting will be held at Hunt Real Estate of Dewitt right next to Wegmans. We will meet in the conference room as soon as you enter through the back door of the building. Starting roughly at 8:00 p.m. until whenever. There is no fee.

Please do not be hesitant to join. We encourage people who know nothing about real estate or people looking to get started to stop in. This is how you get started! If you have 2 Units or 200 units, we would like to meet and hear from you as well!

Real Estate meet ups are where I network the most, and is how I bought my first deal, how I found my lender and how I found my handy man I use to this day!

This will be super laid back and will not be a formal presentation as it is our first meet up but more of an open discussion to get started.

Bring a notebook, some topics to discuss or just sit back and listen. We look forward to meeting with you!

Just did another Commercial Mortgage through my LLC on a two-family property. I do commercial mortgages on all of my buildings because it is in my LLC for liability purposes (as far as I know, it has to be a commercial mortgage when in an entity such as an LLC) . It seems that most Commercial Mortgages are ARM loans. Does anyone know if it is possible to get a fixed rate mortgage with a Commercial Loan for 20-30 years all in my LLC?

Thanks BP community!

How is your luck with Deal Machine? Do you use it in the Syracuse area? If so what location in Syracuse

@Justin Brown Hi Justin, looking to stay local. Thank you for the offer tho!

please ask any questions you have and I will do the same @Elle Bindra

I would love to see you guys at the next local investor meet up in the beginning of December!!! @Elle Bindra @Bryan Cavellier @Kata Walters

Hi Elle, do you currently have any properties in the Syracuse area?

Very cool, ever need help with anything or want to pick each others brain let me know! I am a local agent and investor.