All Forum Posts by: Rita Naga
Rita Naga has started 5 posts and replied 6 times.
Post: Reonomy, thoughts on subscription service
- Posts 6
- Votes 0
Anyone use this subscription service? Worth it?
Post: Wholesale Cabinets from Alibaba.com?
- Posts 6
- Votes 0
I’m wondering if anyone has purchased wholesale cabinets from alibaba? I have a 21 unit complex Im looking to rehab. Thx so much!
Post: Best Lender for low NOI purchase
- Posts 6
- Votes 0
Thx, located in Seattle area. 21 unit apartment complex. 60 day close.
Hello! I have a property I’m in escrow on. The property is 2.8 Million & I was planning on putting 800k down. So need a 2 million loan.
The issue is the property has been poorly managed, and Net Income is only around $86,000. I expect this to go straight up, as rents have been $595. But should be at $995.i Expect this to turnaround within a year of owning it.
Agency, Credit Union, or Regional Bank? Which one would be Able to get me closest to 2 million? My understanding is there are “relationship” banks, who would be more willing to lend based on relationship. Does that mean they will lend more even on a commercial loan?
Post: Best Lender for low NOI purchase
- Posts 6
- Votes 0
Hello! I have a property I’m in escrow on. The property is 2.8 Million & I was planning on putting 800k down. So need a 2 million loan.
The issue is the property has been poorly managed, and Net Income is only around $86,000. I expect this to go straight up, as rents have been $595. But should be at $995.i Expect this to turnaround within a year of owning it.
Agency, Credit Union, or Regional Bank? Which one would be Able to get me closest to 2 million? My understanding is there are “relationship” banks, who would be more willing to lend based on relationship. Does that mean they will lend more even on a commercial loan?
Hello
I’m in the process of purchasing a small apartment complex in Houston. Wanted to find out what certificates are needed for occupancy. Habitability? Fire? Occupancy?
thx