All Forum Posts by: Ben Bakhshi

If you need a quick $5k, or even $10k, I would get a balance transfer done from a credit card, check out www.fatwallet.com/forums/finance/ for details.

Often times war zone properties are dirt cheap. You could look into getting a balance transfer credit card, borrow $10-20k, 0% interest for 1 year. Once you have one deal under your belt, investors will trust you more.

5% vacancy.

I have learned that one of the buildings is owned free and clear, and so there may be room for some owner financing.

The month to month tenants apparently were in 1 year leases prior to month to month. It's been managed by a mom and pop.

I'm looking at 2 buildings for sale, the deal includes a lot to expand.

Asking price is 1.3 million with a 9.2 cap after stated NOI.

B-class buildings in a good suburban town outside of Atlanta.

One of the issues that I have is that over $54,000 of the annual income is from month-to-month tenants, and over $17,000 is from 6 and 12 month leases. The rest are 2-5 year leases.

How much are cap rates affected by month-to-month leases? How do I pick what cap rate to negotiate towards?

(I have been buying residential until now and I'm still learning the commercial game.)

161 Laurelwood Ln, Alpharetta, GA 30009

Price: $155,000

Sold on August 10, 2012 for $155,000

Property taxes <$2,000

Recent sale across the street for $300,000:

http://www.zillow.com/homedetails/180-Laurelwood-Ln-Alpharetta-GA-30009/65453318_zpid/

Pictures of home

Email [email protected] for more info.

@Aaron Frenkel , it is definitely difficult to get financing as a foreigner. Traditional banks will not lend to someone without a social security number, that is as far as I know. I know of one non-traditional bank in Atlanta, they offer 50% financing at pretty reasonable rates, you need to show up at least once to their offices to sign some paperwork, they used to offer loans to investors who use power of attorneys, but no more.

I am from California originally and moved to Israel over 4 years ago. We have a local club that I organized: http://www.meetup.com/Israeli-Real-Estate-Investment-Club/ Join the club and feel free to send me a PM if you have any questions.

For $20,000 you can cash out some credit card balance transfer offers. If you have decent credit you should get approved for that kind of money. 0% interest for 12 months on average, but then you pay a high interest rate, or you can just pay down the debt by then.

Other than that, you'll need a private loan, or a partner.

Sounds like a decent proposition, check out the Marketplace.

Hi annette, I sent you a PM with a link to the presentation.