All Forum Posts by: Samari Robinson

As a young man, trying to get in the game of real estate I do need help. Please if anybody knows of a lender or agent in the Cleveland, Ohio market please have them contact me. Thank you in advanced!!

Is 5% too aggressive for a property that is fully turnkey and has a performing tenant? For example, let's say the roof is less than 5 years old. I wouldn't have to save as much since it was recently done? The same goes for repairs and maintenance. If all the appliances are brand new. I could put less money away per month since all the appliances are new. Would 2% or 3% be more reasonable to put in the calculations since all these repairs were made ?

@Mark Brooks Great!! I'll PM you.

Thank you everybody for your feedback!! Definitely answered majority of the questions that I had. @Jolene Desmond I'll PM you.

I'm having trouble trying to wrap my head around commercial loans. I read a couple articles but I can't seem to understand the 25 years amortize and the balloon payments. Any links to an example would be tremundus help. Thanks again BP nation! 

@Ali Boone You nailed it on the head Ali. Everybody has their preferences. And I feel as though that Turnkeys is the way for me.

@Mateusz Prawdzik I don't have the time for renovations. I would like to run my numbers and if they work, with a good negiborhood, pull the trigger and make an offer.

@Larry Fried Thank you!!

Hey BP members!! I was wondering does anybody have a Turnkey provider in NJ??

@Kenneth Garrett Much appreciated!! Very helpful! Thank you!