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All Forum Posts by: Mike Kehoe

Mike Kehoe has started 1 posts and replied 3 times.

Post: Real Estate Deal Financing

Mike KehoePosted
  • Marietta, GA
  • Posts 3
  • Votes 0

Thanks Nick.  I am being told that it has to be commercial:(

Post: Real Estate Deal Financing

Mike KehoePosted
  • Marietta, GA
  • Posts 3
  • Votes 0

Hi BP community, I am new to BPs and to real estate investing.  I am currently evaluating several real estate opportunities to buy multiple duplexes/quads in Macon and Milledgeville, Georgia (about 2hrs from Atlanta) and would like advice on financing.  If the community could help me with the below questions, I would appreciate it:

1) If I buy 6 duplexes and want financing, how would conventional financing work, i.e. is this commercial?

2) What terms should I expect (interest rates, 30yr fixed?)?

3) What type of bank or loan officers would you recommend I search for/approach?

4) Does anyone have good contacts in the area?

Many thanks!

Mike

Post: Off-Market Quad in Lawrenceville, GA

Mike KehoePosted
  • Marietta, GA
  • Posts 3
  • Votes 0

Hi Adam, I am interested.  Can you please send the rent roll, 2016 expenses and any photos to my email? [email protected]

Thanks, Mike