All Forum Posts by: Jack Middleton

Let me know how you do it. I have heard that if you have a good deal, money will follow... I'm curious about how you do.

Wow. But doesn't the mortgage remain the same? I transferred into the LLC with a quit claim and the mortgage remains the same. Haven't had any trouble so far. If it is so bad, why do real estate attorneys and CPAs mention doing it?

Money. I hate this iPhone autocorrect

I've heard others using a 401k loan. Worked out good for them. I used my 401k without taking a loan and I wish I would've used that Maine sooner. Turned a 1% return from 401k into about 20% return after buying a. House as an investment.

Stay away from. Typing in car - while riding.

Anyone have information on condos near historic district? What areas to stay away from near historic area. Jack and Cheryl

Thanks.

Thanks much Jessica Zolotorofe I will use all the contacts I can get. Thanks again.

Sorry to jump in here, but I am trying to pursue a commercial deal for a 5-plex.

Never worked with commercial properties before....  How do I find and deal with commercial lenders?  Is it very different from residential lenders?

I am looking at a 5-plex and ran the financial numbers that I was given and it seems to be 25% Cap rate.  Going to try talking to a local lender and asking for commercial loan.  I have only dealt with residential, so I am paying attention to your experience.  

Any suggestions on commercial loans that I need to be aware of?