All Forum Posts by: Mohabub Miah
Mohabub Miah has started 12 posts and replied 19 times.
Post: Office building purchase
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Currently it is vacant no tenant.
Post: Need REAL ESTATE CPA & ATTORNEY
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Looking for real estate experienced CPA & Attorney in Michigan. Please help thank you everyone.
Post: Office building purchase
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Good evening everyone
I came across a FSBO office building, land contract deal. I wanted to know if I could get advice on purchasing this property and what things to look into before purchase. Little detail building is 6000 sq ft est. about 20 office unit. Rehab needed roof, parking lot, heating system total facelift. I want to purchase knowing it's a good buy. Thank you for your time
Post: How to buy apartment building
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Good evening everyone
How do I purchase apartment building with no money? I understand 80% can be financed but where would other 20% come from. I read some post before here and I need HELP I found a property I want to purchase but my funds are stuck in another investment.if some one can guide me the process and which banks are good for the 80% down it would be a great help to me.
Thank you in advance
Post: Commercial property with tenants
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Is there any commercial lender you have done business with that you can refer me too.
Post: Commercial property with tenants
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Good morning everyone
I inherited a commercial property which includes a restaurant with dining area and a residential house connected with the property. The property brings in 1700.00 a month. The property is paid off, it is estimated worth maybe 250k my question is how do I pull equity out of this property. property located in Michigan, any assistance will be greatly appreciated thank you.
Post: Buying multi unit property under a corporations
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to understand how you can own many multi unit building without using you credit.
Thank You
Post: Multi unit property
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Jerry what is the requirement and process to take the equity out of the single family home and purchase Multi units. I understand you said I can purchase up to ten, four unit buildings. What happens after that. For example I want to purchase the 11th property.
Post: Multi unit property
Mohabub MiahPosted
- Troy, MI
- Posts 20
- Votes 1
Hello everyone this is my first post!!!
I am interested in purchasing of multi unit property. I own a few single unit home, which are paid off. Valued about 300k I want to understand how to purchase multi unit property and what I should do about the single units sale them or rent them or take loan out against them and how is the best process.