All Forum Posts by: Sandra Shpilberg

Thanks, The reason is that I'm not sure their services are worth 100 basis points. If I'm borrowing $3 million, the debt broker get $30,000 and that seems astronomical for the service. I was able to lower this to 90 basis point on the loan value. What's the typical rate for a debt broker? 

Rose - the one I'm looking at is on 3001 Washington St. Is that the one you're talking about? 

My understanding of that deal is that: 

Bank loan was 80%

Seller carry was 15% - Matt would pay monthly payment to the seller as the seller is acting like a bank for this portion

Matt put 5% 

I think it's important to note that most banks lend 65-75% Loan-to-Value, so this deal he was able to do is not typical. 

Please teach me the best ways to get a good loan without using a debt broker. I'm open to your contacts. 

The investments that I need loan(s) for are solid and pretty de-risked NNN commercial tenants.

Considering a transaction in commercial real estate, a CVS in Waukegan, IL. I read mixed messages on Waukegan as an investment location. I'd love your thoughts if you know this market. 

Thank you all for these great replies. 

I don't know of meetups but I'm also interested in CRE. I'm in Palo Alto.

Thanks so much for the response. Yes, I'm thinking of commercial real estate (warehouses, retail, etc.). 

The first property I bought, I bought it titled to my Revocable Trust. As I grow my portfolio, am I better setting up an LLC or a C-corp? I'm interested in your experience with either type of entity.