All Forum Posts by: Michael Williams

I've recently used a cold calling service to help with my marketing campaign and a potential seller wants to speak with me. Should I have a letter of intent prepared? What are some of the questions I should be ready to ask or information to have for them?

That sounds great! Our current property (duplex) cash flows $500 per unit a month, I spoke with the lender who holds my loan and they do not do heloc loans, they do cash out loans. 

Should I use a private money lender or pull money out of my current investment property to use as a down payment to purchase my first commercial multi family (5-10) unit property in Sacramento, Ca? I've just spoken with a lender today and he told me to look into a heloc and pull money out of my currenty investment property, I can easily pull $200,000-$300,000 out of the house. Or should I use a private lender?

Should I use a private money lender or pull money out of my current investment property to use as a down payment to purchase my first commercial multi family (5-10) unit property in Sacramento, Ca? I've just spoken with a lender today and he told me to look into a heloc and pull money out of my currenty investment property, I can easily pull $200,000-$300,000 out of the house. Or should I use a private lender? 

I'm going to be purchasing larger multifamily properties soon, I currently have over three years of managing a duplex. Will taking property management courses help me? Is it worth the cost? What are some property management courses that are certified in California?

I've met with a commercial lender the other day and he recommended I receive a hard money loan as a down payment for purchasing my first commercial multifamily property in Sacramento, Ca. What are the best terms and rates I should request when I speak to a hard money lender? How can I successfully receive a hard money loan in the next 1-3 months?

I've met with a commercial lender the other day and he recommended I receive a hard money loan as a down payment for purchasing my first commercial multifamily property in Sacramento, Ca. What are the best terms and rates I should request when I speak to a hard money lender? How can I successfully receive a hard money loan in the next 1-3 months?

I'm looking for a good example letter of intent for commercial (multi family) properties to send potential sellers. Where can I find a good example/ template letter of intent?

I'm looking for a good example letter of intent for commercial (multi family) properties to send potential sellers. Where can I find a good example/ template letter of intent?

I'm interested in having a property manager manage my first apartment building, what are some good questions to ask a property manager besides what are their rates?