All Forum Posts by: Joe A.

 Thanks.  I was thinking something along the lines of lease to own.  Appreciate response.

I am looking at a small office building with great yield in a sleepy town.  5 units with the largest tenant taking up over 65% of building!  Clearly the strength of that building drives the return on investment. 

I am considering approaching the large tenant to see if they would have interest in some sort of lease to own program, maybe just for their portion of the building?  Is that even possible?  I want to figure out a way to get a financial commitment from them in order to feel comfortable owning the building.

Can anyone suggest a property management company in or around Charlottesville, Va?

thanks for great points!

Hello-

All the local banks I have spoken to are offering 5yr fixed/20-25 year amortization loans for multifamily loans with an LLC as the purchaser. Purchase price 250-500k. Anyone know of any banks that are offering longer fixed terms? I am worried about the 5yr reset on the rate. Thanks.

THANKS

thanks

Thank you

thank you for the thoughts

My wife and I are selling our home FSBO. We live in a market in which homes do not sell that often and therefore the buyers agent take on our list price will be very important to our sale. We also recently purchased the home, did many renovations and are offering higher now...so it looks like a flip.

I would like to encourage activity and offers on our house by offering 3% buyers agent commission for the next week instead of the normal 2.5%.  I plan to state that any offer submitted prior to a certain deadline will receive 3% commission, afterward it will move to 2.5%.

Do you see any pitfalls from this strategy?