Posted by Gerald(NC) on September 19, 2005 at 12:37:24:
Chris, thanks for the info. Could you email me your contact info? If I run across a good comm deal I would love to see what we can do together.
Has to be 5 or more units, correct? Not four, or 2? (just checking)
Thanks much for your help.
HML’s in NC - Posted by Gerald(NC)
Posted by Gerald(NC) on September 18, 2005 at 15:34:09:
Who have you used? Where? How would you rate them?
Trying to build up my network of financers for my “stepping out out on my own”.
Got some good creative mortgage people you use?
Feel free to email me instead of posting here if you’d like. I am in the southern piedmont area.
Thanks,
Gerald
Re: HML’s in NC - Posted by Chris Macone
Posted by Chris Macone on September 18, 2005 at 18:23:04:
Hello Gerald, Are you doing commercial or residential properties?
Residential - Posted by Gerald(NC)
Posted by Gerald(NC) on September 18, 2005 at 18:25:03:
Residential right now.
Re: Residential - Posted by Chris Macone
Posted by Chris Macone on September 18, 2005 at 19:33:02:
Hello Gerald, OK, I am currently working with commercial. Would you be interested in doing commercial properties first?
Re: Residential - Posted by Gerald(NC)
Posted by Gerald(NC) on September 18, 2005 at 20:04:29:
No experience with commercials. But yes I will concider anything I can make money at :D.
Re: Residential - Posted by Chris Macone
Posted by Chris Macone on September 19, 2005 at 12:03:18:
Hello Gerald, If you found a property with 5 or more units, like an apartment complex, that is considered a commercial property. Now, apartments have good cashflow, but, you must do your research and due diligence to be sure that you find the right deal for you. Otherwise, other commercial properties are office buildings, hotels, etc. Any of those type of properties might be beneficial to you. Then, I would be able to help you with HML funding.