All Forum Posts by: Nili Yosef

average $700 , here is the mls- https://www.flexmls.com/cgi-bi...

See mls- https://www.flexmls.com/link.h...
address- 2937-2945 N Flanwill Blvd 

Price- 900K

Thanks guys!

Thank you that helps!

Hi guys,

I'm new at this- What do you usually go with for commercial loans- a fixed rate or a variable (prime plus)?

For example Wells Fargo offers fixed- 5.8%-6.62%, or variable prime plus so it comes out to- 5.22%-5.97%

Thanks for your input.  

Thank you that helps!

Hi All,

These days what would you consider a minimum cash on cash return on a small multifamily (4-8 units) that you would be comfortable with to make purchase? 

And from your own experience how much was the closing costs on around 260,000 loan, property value of 325,000?

Thanks in advance. 

Hi,

Just updating that at least as far as an equity line of credit Wells Fargo are offering no origination fee until end of June (it's 1%). I'm not sure if thats the same for loans and refi but thought you would like to check it out. 

Thanks!