All Forum Posts by: George Hatjopoulos

Although, where it gets confusing for me is when I read about people finding a really good deal, and the bank funds it primarily for the deal and the financing is almost secondary at that point. What are your thoughts on that? 

@Tj Hines

Hi TJ! Thank you for taking the time to answer and clarify this question for me... I will take your advice and start working on the financing right away! Wishing you continued success!!

Hi everyone,

Trying to put my first commercial deal together and learning as much as I can along the way so thank you in advance to anyone reading this and giving their opinion!

What’s more important. To lock down the financing first then go look for a good deal. Or find the deal then find the proper financing?

Thank you!

@Michael Ealy. Congrats and thanks for sharing the details, very inspiring and impressive! To answer the question. Keep it and enjoy the cash flow that sounds like will only increase over time. 🍾💵

Thanks Clark. So you would suggest a BRRRR vs buying a move in ready property? Is this primarily because lending is more flexible and the options are broader?

Hi, I’m just starting out and wanted to collect some opinions about some creative ways of coming up with a 20% down payment on a million dollar commercial property (6+ units).

I’m a business owner and would consider pulling equity/line of credit for the down payment, but not sure if that the best/only option.

Thanks in advance for your suggestion, comments and guidance.