Commercial Real Estate Investing News

The majority of Mobile Home Parks in America are owned free and clear. There is no banker. How would you like to buy a property and not have to go to the bank to get a loan? How would you like to cut a deal where you do not have to have a down payment? Those are two wins I think for you.

As a newbie, you'd like to get the cash flow. If you had 50 units and you increase the rent $50 a month, you have $30,000 more income coming in each year. Would that be nice? Sure, would! It is a win-win deal and I like that. You benefit because you get the income, you get the upside, you get the capital appreciation, you get the opportunity to increase the value and you get all that because you set a fixed price in advance.

At the end of the master lease, or any time before the end of the master lease, if you want to exercise your option, you could. It is a wonderful way for you to get into a property with literally nothing down. I think it is great for you. I’m going to tell you point blank,...

I believe you can't hit a target that you don't have. So, I've created a FREE comprehensive interactive goal setting program. Click HERE now for instant access. Enjoy! ~Doc

Want to find out how easy it is to find cash-flowing commercial real estate in 3 easy steps? Take my free mini course now. Absolutely no obligation. 

Dream Bigger! Succeed Faster!

Take Care,
~Doc Haller

Wishing you and yours the Merriest of Holidays and a properous New Year.

Want to find out how easy it is to find cash-flowing commercial real estate in 3 easy steps? Take my free mini course now. Absolutely no obligation. 

Dream Bigger! Succeed Faster!

Take Care,
~Doc Haller

Anyone that tells you, you don't need money to do buy, fix, and flip is lying. Now I didn't say it had to be your money, OK? But you do need money to do a deal. So, unless you are sitting on a ton of cash, you are probably going to be look at borrowing the money for your buy, fix, and flip, deal from a hard money lender, not the bank. 

Traditional Lenders

Let me describe how it really works, because I have been a real estate lender for over 30 years. I started lending with the Bank of America when I was only 22 years old. I have worked for the Bank of America and the Chemical Bank of New York, and have been a residential and commercial lender and commercial mortgage broker for the last 20+ years.

Let’s say you were going to go to a bank to try to get this deal done and buy residential property as an investment. First off, the banks are not going to be wild about making that loan in the first place, and you must go through all their hoops and rules and you must have a 20%...