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All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 30 times.

Post: How Do You Find Defaulted Commercial Real Estate Notes?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

I am in the market for an apartment complex. So I will like to know as well.

Post: Buying an Apartment Complex

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Hey guys,

I am interested in buying an apartment complex. How do you determine which markets are good to invest in right now?

How do you find out about market cap rates across the states?

What would you do from a top down approach? State, to city, to zip code, to the actual apartment building.

Post: How does Down Payment Assistance work?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Thank you jon!

Question, what do you mean by, 'You raise the price of the property up high enough so that the lender's maximum loan will actually cover the purchase price'?

How could you raise the price in 1 day? I thought you want to find the property that is undervalued.

Do example numbers look like this?
Price: 1,000,000
Loan: 800,000
DPA: 200,000

Then upon closing, I get the property and the seller credits 200,000 back to the DPA? Why would the seller do this?

Post: How does Down Payment Assistance work?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

How does Down Payment Assistance work?

Is this debt financing for a number of years? Or equity?

Post: Anybody in the SF Bay area, CA region?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Nice chatting with you Dwight!

Post: Advantages to Land and Farm Investing?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Land and farm investing seems very slow and illiquid. How are some advantages of this investing vehicle?

Post: What time do you wake up/start your day?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

4am

I get to sleep around 10 30pm

Post: Anyone here in BP, have interest in Private Lending?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Do the general investor population understand this business, for passive monthly cash flow without management headaches? The advantages, disadvantages, and the contingency plans.

Post: Anybody in the SF Bay area, CA region?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Hello Keith!

I've been doing private lending for a while now and it's going great!

How's the deal hunting going?

Post: Anybody in the SF Bay area, CA region?

Account ClosedPosted
  • Private Money Lender
  • Orinda, CA
  • Posts 44
  • Votes 7

Hello Keith!

I've been doing private lending for a while now and it's going great!

How's the deal hunting going?

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