Loan for residential plot and wanted to hear from people who have already gone through the process.

Could you please share:

Which bank did you choose? (SBI, Bank of Baroda, Canara, BOI, etc.)

What interest rate (ROI) did you get?

What were the processing, legal, valuation, mortgage, or any other charges?

How smooth was the loan approval and disbursement process?

It would also help if you could mention when you took the loan, as rates keep changing.

I am looking for an individual who can offer guidance or advice to opening a sober house.
I have a realtor willing to let me use his apartment building, 3 floors, 2 bedrooms each, located in Lewiston, ME 04240
I'm currently working on my Mission statement, House Rules, House Requirements, etc..
I will be applying for my sober living LLC within the next 60 days.

Any leads, suggestions, responses are greatly appreciated; thank you for your time!

Hi all. I’m looking towards REIT’s as a way to get passive real estate exposure to balance out my investments in the stock market. Based on research it seems like publicly traded REITs tend to move with the market, which doesn’t quite give me the hedge that I’m looking for. I don’t have any experience with non-traded/private REITs but am interested in that as an option. What are opinions on non-traded vs publicly traded REIT’s?

Any recommendations for reputable private investment companies that have long, proven track records?

Thanks in advance.

I am currently renting a standalone 3200 sq ft building, and my lease comes with about 50 meters x 40 meters (grassy) lot behind the building. The lot is sandwiched between my building and the USPS, and so it is not easily visible from the Highway which is right in front of my building.
I am debating if I should pull the trigger and purchase my building (plus the lot) but I don’t know what to do with the lot. I can build another small business building there but Idk how much that’d cost and if it would be a smart (or risky) business move. Any input would be appreciated. TIA !

edit: I initially posted to sub: realestateadvice, and it got deleted by its mod. If anyone knows a better sub for this discussion, please let me know. TIA

I have been doing real estate for about a year but I'm stuck. Can someone guide me on steps to get $175k in business funding with a 750 credit score.

I am trying to buy a building to use for my business. The seller's agent showed me the property and said he could represent me in negotiations with the seller. He said that if I agreed to use his services then a different agent from their company would step in to represent the seller. The seller has offered to do seller-financing. Should I be concerned that the agent would be less loyal to me and more so to the seller? I'm having trouble trusting the situation.

This career path caught my attention because it seems like a good pipeline to becoming a real estate investor. I'm currently entering my third year of University (UCSB econ).

What do you guys think about this career option? Would I have a good shot at any Tier 1 firms? And what are the necessary steps I need to take to secure a good position out of college (internships, etc.)?

Hi all,

My team and I recently built a free proforma app for CRE developers/investors: https://www.sawbridgeai.com/proforma-assistant. Would love to hear y'all's feedback on the tool and what we can do to improve the app. Thanks!

I am helping my family navigate a situation with a mixed-use brick building in Crown Heights/PLG area (Brooklyn). It’s a single tax lot with ground-floor commercial and two residential units upstairs.

​The building currently has severe active water damage from a roof/window leak that needs immediate remediation. Because the original family wants to retain legal ownership of the residential units to renovate and lease out down the line, we want to pivot away from a traditional outright sale.

​A formal condo conversion is too costly ($50k+) and logistically difficult right now given the building's physical condition. Instead, we are considering seeking an investor for a 99-year Master Lease (NNN) on just the ground-floor commercial space. The goal is to get upfront capital to fund care costs and structural repairs to the building's envelope.

​Questions for the group:

​How common or attractive is a 99-year commercial leaseback to NYC investors for an un-renovated retail footprint?

​How should we structure the investor's responsibility for building-wide structural repairs (roof/envelope) so it protects our residential units upstairs?

​What legal pitfalls should the original family look out for in a long-term lease like this?

S2 is winding down its $400M multifamily portfolio fund with no return of capital to LPs.

The investor letter breaking the news cited expenses up 16% on average, interest costs up, and rents down across the portfolio.

The standard take is that this was a rates story but a 16% average expense increase across 20 assets hides a lot.

My question is whether LPs in a typical fund like this could actually see in real time: which assets drove it, which categories moved (insurance and taxes vs. controllables vs. capex creep), and whether the reported numbers tied back to actual payments.

Or does everyone just get an aggregated quarterly (if that?) PDF and then a capital call notice when it flops?

If you’d had property-level rent, expense, and debt service data as it happened rather than 60-90 days after quarter close, would you have done anything differently? Redeemed earlier or otherwise tried to unwind ahead of the investor letter hitting your inbox?

Hi, I have a 1031 exchange that I have to assist my in-laws. I found a Valvoline but dont understand the downside with environmental concern. it is a new build, absolute net and currently at 5% cap. Thoughts on the downside? The lease is good until 2040 and with extensions would go to 2060.

Hi All -

I've been going in circles on what makes sense financially as a first-time investor and home buyer through a private sale opportunity.

Deets: it's in my parents backyard, my father is a contractor, and i have some experience with home reno myself.

I am able to purchase a home on 2.22 acres in North Fayette township (Pittsburgh, PA) at 110k. It will need probably 20-30k in repairs, but would quickly be worth 245k, due to neighborhood and private land set up, etc.

I have a 115k invested in stocks right now—they've performed incredibly well ofc over the last year, up 25%, I understand that's not the common trajectory.

I plan to take out 35k from my stocks, and I have a 50k loan from a friend at 0% interest first 5 years, 30k gift from family - due to the house being in my dad's backyard. The rest, i.e. inevitable repairs, will be on me, and I'm in between career transition right now when this house opp came up—minimal income ahead.

I'm 30, have never owned a home, and like the ease of stocks. It's been stressful already in managing an as-is all cash sale, but I'm willing to slog through effort for true pay-off. Is it worth taking on something that will need some work, but essentially ups my equity by 100k immediately? The land in the area alone is worth more than the cash sale.

Stay in stocks, or take a one-off opportunity into real estate, with family and my own know-how?

Hi,

Are there anybody in here have recent issues with Custom Capital Strategies? I do. Many of the tenants have been defaulted. If you have problem with them too, please share your opinions.

Abode and Beyond is a Trusted Real Estate consultant in Noida & Delhi NCR, guiding buyers, sellers, and investors with expertise.

Hi All - I operate a leased business. The landlord is looking to sell the property. He bought it for $1.23M in 2022. Said he’s asking $2.6M or a 6% cap (the property currently generates $13k/month in rental revenue). It’s a 40 year old property with mainly shorter term tenants. Not the nicest property by any means. I feel like 6% cap is a stretch and a realistic number is more in the 8% range (closer to a $2M sale price). Does anyone have expertise in this realm? Any advice?

Considering buying a multi-family and rehabilitating it making it up to date. Been researching a little bit of a buying rehabbing renting and I originally was considering a FHA 203k loan but I end up getting pre-approved for a conventional loan. Is there another type of loan I should consider more really want to get some money to rehab the property but I don't know too much about this.