All Forum Posts by: Scott Garner

Hi BP,

I would like to do a survey of investors who have more than 10 properties and have bank financing.  What are the terms of your loans?    The banks/credit unions that I have been talking to in Omaha, Nebraska on the commercial lending side are typically providing terms of 5 year fixed with amortizations between 15-25 years.   What terms are you getting? 

Would appreciate your input.

Thanks,
Scott

Thanks @Account Closed

thanks @Mark Nolan

Hi BP,

Wondering if anyone has a recommendation for tax CPA and a lawyer in Omaha, Nebraska?  Thanks for your help!

Scott

thanks @Kyle Godbout

Hello BP,

I am trying to find a lender that will give me a long term (15-30 years) fixed rate mortgage for a single family home in an LLC. Is anyone aware of any lenders that will give "conventional" financing to an LLC?

I would prefer to avoid the risk of triggering the due on sale clause by transferring from my name to the LLC. The properties are in Omaha Nebraska.

Thanks for any help you can provide.

-Scott

Awesome, thanks @Walter Key

Hi Everyone,

This is my first post on Bigger Pockets.  I love this site and based on the education I have gotten here I went Pro.  My wife and I lived in California for most of our lives and moved to Omaha Nebraska about 5 years ago.  We are buy and hold investors and currently have 2 properties in California and 3 in Omaha Nebraska.  

Over the years we have managed our own properties, but I am too soft and listen to the sob stories of tenants and want to now turn everything over to professional property managers.  On one of our properties in 2015, the wife had medical issues and the husband lost his job.  They were excellent renters for 4 years but then couldn't afford rent.  I ended up letting them live in my place for half price for about 6 months as I didn't have the heart to evict.

Does anyone have any property managers they recommend in Omaha for B type properties?   

Thanks,
Scott