All Forum Posts by: Matthew Raby

@Matthew Crivelli, I don't really have a problem with the personal guarantee. I just don't want to have it tied to my personal credit or debt-to-income.

@Brian Cauldwell, Thanks for letting me know. Yes this would be a buy and hold. I do not need to do any rehab other than basic paint, patch a few holes, etc.

Do you have any lender suggestions for financing under the name of the LLC? I have personally great credit. I was just trying not to increase my personal debt-to-income.

I am looking at purchasing my first investment property (Duplex) under the name of my LLC. The LLC has been established since 2008. I have business credit cards and a long time account that reports my good business standing. I personally have 1 rental property under my personal name but I am wanting to make a switch to having everything ran under my LLC including this property I am wanting to purchase.

I am looking for suggestions on how I could possibly purchase this investment property without having to personally guarantee the loan as the rent will be more than enough to cover the mortgage payments. Will I need to put 20% down? Should I first deposit the down payment money into my business bank account before applying to show available funds for the down payment?

I just would like a little guidance with this.

Thanks in Advance. - Matt

 I do believe that is an option. I do not know how much he would require. Is it possible after a year or 2 to finance traditionally showing as the new owner?

Dear esteemed members of the BP forum,

After conducting thorough research, I have come across a property that has captured my keen interest. With this in mind, I am in search of lenders or investors who would be willing to assist me in financing the purchase of this particular property. Allow me to provide some enticing details about it: boasting a remarkable 10% CAP rate, a commendable 90% occupancy rate, and an additional space that encompasses a full liquor license and bar, this property presents an exceptional investment opportunity. Furthermore, several tenants have signed leases with a few years remaining, while the current owner is selling in order to retire.

Allow me to share a bit about myself. I have been fortunate enough to enjoy a stable and rewarding career, with a credit score exceeding 780. In addition, I possess a rental property within my portfolio and have over $100,000 in liquid capital. As such, I am actively seeking to expand my investment portfolio.

Thank you for your kind attention and any assistance you may provide.

Warm regards,

Matt Raby

I am looking at making my first commercial property investment. I currently have one single family rental that has been a rental for 5 years. 

I have found an investment that seems to me like a no brainer. I just have not done commercial nor do I know the first steps in large money cash flowing investments. 

Any advice would be appreciated. Here are some of the specs that I know about the investment property:

Property amount: $1,816,000

Cap Rate: 6%

Sale Type: Investment NNN

Number of Properties: 2

Total Building Size: 10,321 SF

Total Land Area: 0.99 AC

Current Tenant is on a 10 year lease that expires June 2031

Current rent is $109,000/yr until June 2026 and increases to $114,450/yr until June 2031

Looking to expand my network in the area. Learn as much as I can. And start investing in some properties. 

Yeah anytime. I am usually more free after 6pm. Or you can text me anytime during the day. 

501-773-6688

I live in Rockledge, Florida and I am looking to find some people to network with in the area. Orlando, Melbourne, Viera, Cocoa Beach, Port Canaveral, Orlando, Daytona, Titusville, etc. I just moved to the area back in June 2021 and don't really know anyone around. If anyone has any suggestions. Website, networking groups, BNI, or realtor meetings open to non-realtors.

I am actively looking for properties, networking and learning more about real estate investing.

I currenty have 1 single family rental property that I have had for 3 years and looking to expand my portfolio.