28 August 2018 | 5 replies
I discussed with my broker and he confirmed that the document is subject to changes before close.
29 August 2018 | 5 replies
If the agent, brokerage, or decider is a frequent customer of the title company then there can be unequal treatment of the party that makes the choice.
31 August 2018 | 4 replies
Definitely has the best mix of CRE professionals: attorneys, developers, architects, brokers, bankers etc.
4 November 2018 | 7 replies
I'm an associate broker at HomeSmart.
28 August 2018 | 0 replies
I've flipped multiple SFHs, but this would be my first commercial deal.I've talked to several lenders, but they all have one or more issues, such as needing 25% down when I can only do 20%, proximity of property is too far from a major city (I'm in WV and no city in the entire state has more than 50,000 residents), I don't have any commercial experience or track record, etc.Therefore, I'm now contemplating asking the seller to consider leasing me control of the property for 2 years with an option to purchase within that time frame.This would provide me with the following benefits:allow me to negotiate the upcoming lease renewal of a major tenant,give me time to come up with a larger down payment,give me time to establish experience managing commercial property,give my new LLC time to establish a track record and income,give me time to find a lender willing to work with me.I will also need to pay the current listing broker their fee, and I would need to pay a deposit and monthly lease payment to the current owner.My questions are:Does anyone have experience with such an arrangement?
29 August 2018 | 3 replies
The first property I was warned about needing to have to fix the sidewalks and driveway due to trip hazards by my commercial insurance broker.
30 August 2018 | 2 replies
(We're a correspondent lender for PenFed - a correspondent lending relationship is the middle ground between brokered and direct... their rates and their guidelines like a broker, but originate, underwrite, and fund, as a direct lender in-house)(No, I'm not allowed to share their guidelines, either)
28 August 2018 | 1 reply
In this type of relationship, what type of commission would go to me vs. my broker sponsor (I know this will vary a lot, I'm just looking for a ball park).
28 August 2018 | 2 replies
I recently finished construction on a large custom home in a gated community in a rural setting.
3 September 2018 | 7 replies
Hello everyone,I am an investment sales broker in nyc and I also have been investing passively with a syndicator for the last few years which has gone fine.My question is this.