If you are among the companies and individuals who invest in properties for profit, you may need to take out loans to finance your investments. The financing designed for this purpose is available in the form of investment property loans. These type of loans finance...
Not bad for a first-time multifamily investor! This borrower previously only flipped single-family homes. But he saw an unpassable opportunity in this 14-unit building in the Washington Park area of Chicago. The current rents are $600 for 1 bed and $750 for 2 beds. He...
My client wanted to purchase a convenience store he managed for a long time from the current owner for $80,000. We also had to get this done within 30 days because the current owner of the store had a friend of the family who was ready to pull the trigger on the...
A developer in Michigan wanted to take advantage of a huge opportunity that was presented to him to purchase 2 commercial properties. The only problem was that he currently had a million-dollar construction project he was working on and the local banks just didn’t...
Are you thinking about investing in real estate? This can be a very profitable business if you know how to get started, if you need a loan or not, and what questions to ask. Do your research on what it all entails by asking yourself… How much is the down payment...
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