This information is very gd & it gives a person w/credit issues the opportunity to buy a property w/out going thru the bank. THK GOD FOR THIS FORUM. GOD BLESS YOU SIR. "SHALOM, SHALOM".
@juanmatos891716 сағат бұрын
Hi Peter, I'm interested in your program, how can I get in touch with your office. Thank you
@CommercialPropertyAdvisors10 сағат бұрын
Great! Learn more here: www.commercialpropertyadvisors.com/protege-program
@smplfyКүн бұрын
🙏
@realsoulrealestate7883Күн бұрын
Congrats, Dave! I love how you changed your schedule to make it happen.
@anthonynelson40152 күн бұрын
1st
@faridahshabazz67722 күн бұрын
Nice to see you out in the nature 😅
@CameraHog223 күн бұрын
Congratulations Bruce! And thanks for sharing your experience.
@AA-ou8kl3 күн бұрын
you can only get an equity line of credit if you can service that loan, equity is useless unless you can afford to pay more than your existing repayments or you have to sell
@CommercialPropertyAdvisors2 күн бұрын
Thankfully, the new commercial property you acquire handles that loan servicing.
@AA-ou8kl2 күн бұрын
@@CommercialPropertyAdvisors how? you need to be earning enough to cover extra repayments
@CommercialPropertyAdvisors10 сағат бұрын
You need to earn enough personal income to qualify for the HELOC> But once that loan has been originated, when you actually draw out money from that HELOC...the new property you acquire MUST generate enough income to pay for that HELOC servicing payment (and then some), for this concept to work.
@myversionofstuff3 күн бұрын
Very good advice thanks
@ironknee95134 күн бұрын
Must one be employed to get a HELOC?
@frankelse7453 күн бұрын
To get anything.
@CommercialPropertyAdvisors2 күн бұрын
HELOCs are originated by banks and they typically want a full loan application so they are looking at credit, income and debt-to-income ratios.
@mobileexpress16084 күн бұрын
This video covered everything except the downside of every real estate investment. As the old saying goes, the grass is always greener on the other side of the fence.
@CommercialPropertyAdvisors2 күн бұрын
Real estate grass is greener. It really is. Some statisticians argue that 90% of millionaires have their wealth in real estate.
@leonhardin-rs6ft4 күн бұрын
Excellent coaching 💯🔥💪
@mattblack1334 күн бұрын
Why is "Today" the second best time to buy commercial property? Thx
@salvadorgomez89212 күн бұрын
He means Don’t wait no more if you wait longer prices will be higher on properties Ok. Sample I bought a house (fixer upper) $106,000. Back in 1996 in Oxnard California, now it’s worth $889,000. I refinance one time 1999 will pay it off in less than 5 years. Picture owning two properties or more, you are a millionaire. Take care and start investing, good luck. Happy holidays.
@CommercialPropertyAdvisors2 күн бұрын
The BEST time to invest in real estate is always 5 years ago. Always. Just think back to buying a property in 2019.
@mattblack1332 күн бұрын
Ahhhh.... I should have got that! Lol
@BUILDYBUNCH4 күн бұрын
Great tips and recommendation. A+ thanks
@thehunster15 күн бұрын
Congratulations
@rosyflores88985 күн бұрын
Nice 👍 looking
@eugenehammond62255 күн бұрын
Contrarian ❤
@merutsabai5 күн бұрын
Congratulations
@Nova-m8d5 күн бұрын
Warren Buffett is also the same guy who never used his home equity to finance anything else. He only uses other peoples money which is why he is able to make risky investments, it doesn't matter, it's not his money.
@CommercialPropertyAdvisors2 күн бұрын
We don't agree with that. The book Snowball describes examples whereby he risked his own money his whole career. Borrowing money from a bank is risking a bank's money.
@Nova-m8d2 күн бұрын
@@CommercialPropertyAdvisors We understand your confusion. Warren created his own placebo effect from the very beginning bu investing $100 of his own money in order to raise another $105,000. This psychological trick had no substantial effect on the core outcome but was used to create the appearance of action, alignment, or engagement. He still to this day never invest his own money.
@CommercialPropertyAdvisors10 сағат бұрын
Again, we still disagree. If Warren didn't invest his own money, his money would be progressively diluted due to inflation and he would not be wealthy.
@Nova-m8d9 сағат бұрын
@@CommercialPropertyAdvisors We understand your confusion. It;s impossible for Warren to lose money because the percentage of investor gain over his personal money is 104,900%.
@ernestined.lawrence95145 күн бұрын
When people cry so much that their tear ducts swell up and they can barely see through their own eye lids enough is enough! Chasing hoarders wealth is “knee jerk” greed and the Holy Word speaks against this kind of corruption! Yeah it sounds good, but after the collapse of Wall Street, is it? Mostly money is an insecure broken promise set up to build pyramids instead of dreams! I know people are wealthy and could care less about neither God nir others, but when it comes to being a human, it just doesn’t not require materialism, racism, and socialism! We are tired of being the front runner for people who once called us monkey! I am not entertained by your bookie street knowledge about how money works, next
@a.harmon64335 күн бұрын
Congrats, Dave!! Great success in your next endeavors.... Great tips!!
@davidwilson60335 күн бұрын
Congratulations Dave!🎉
@al-mubdizahir87046 күн бұрын
he did all this without a real estate license. i was thinking bout getting my real estate license here in ga but after watching this video i dont think im gonna waste my time
@jalabi995 күн бұрын
You don't a real estate license to invest in commercial real estate, in any state.
@CommercialPropertyAdvisors6 күн бұрын
Every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program/
@carmenalmanzar22056 күн бұрын
Congratulations🎉
@jerryr22786 күн бұрын
Great job Dave! Inspirational!
@anthonymichaels5366 күн бұрын
High 5 to Chris!!!
@robertruschak70836 күн бұрын
🤔🤔
@billligon40056 күн бұрын
I want to use the equity in my home to travel. I have no mortgage. I am 81 years old and I want to travel on cruise ships one trip per year, for about $20K. I want the longest re-payment period and lowest interest rate. I would prefer repayments after I pass on, from sale of property. My home value is far below 'reverse mortgage' requirements or so they tell me.
@cedricskinner95166 күн бұрын
This makes more sense than any other video I have watched. Great video. You just picked up a subscriber. Keep up the good work by educating people on ways to make HELOC work for you.
@lylibmilano23436 күн бұрын
There are Creative Financing Bloggers , confused which one to follow. they all have their Claims
@CommercialPropertyAdvisors6 күн бұрын
You've found the best. Follow us.
@ajbdify6 күн бұрын
Congrats Allyson for your success story, its really inspiring!! Best of luck to reach your goal to acquire 1000 units!!
@kpseveur52747 күн бұрын
Holder
@schulze4207 күн бұрын
What about waiting for prices to come down?
@CommercialPropertyAdvisors6 күн бұрын
What if they don't drop?
@davidriley61187 күн бұрын
Stay up Brandon.... David E. Riley, Impact Investor
@keithmagley52207 күн бұрын
Yes lots of professional real estate information, thank you Peter !
@russlea63837 күн бұрын
Rising insurance rates are a lagging indicator of a problem area or business.
@Jaysterix7 күн бұрын
The og
@TK-ne2yo7 күн бұрын
Please make a video on equity waterfall !
@michaelrichardson21078 күн бұрын
Awesome & congratulations Jared I am super excited for you
@chrisstevens25048 күн бұрын
I love these videos, but I never see a single bit of information about how much are the closing costs and/or syndication set-up costs.
@TheDividendHero8 күн бұрын
You have good hand writing.
@lylibmilano23438 күн бұрын
SDIRA
@charmainmorrison86159 күн бұрын
So let me ask you this, how do you refinance or get the equity out of your home by HELOC if you don’t have good credit 🤔
@CommercialPropertyAdvisors2 күн бұрын
That's a tough situation because banks require good credit to approve you for a HELOC.
@Langedechuu9 күн бұрын
Hi Peter, can you please make a video on storefront commercial leases?
@Allthingsrealestate309 күн бұрын
Hi Coach, I hope you’re having a great day! My name is Eric Hampton, a real estate agent and investor based in Cleveland, Ohio. I currently have a 110-unit apartment building in Cleveland. and am looking for cash partners to invest with me. The purchase price is $5.5 million, with a $1 million rehab cost. I’m seeking a partner to provide funding for the purchase and renovation. The property is already 60% renovated and occupied. Once completed, the plan is to refinance and provide a 10% return on the investment. If you’re interested or would like more details, please feel free to reach out. I’d be happy to discuss this opportunity further. Best regards, Eric Hampton
@MichaelSmith-fi8ni9 күн бұрын
Can you really help or are you just trying to sell something??
@CommercialPropertyAdvisors9 күн бұрын
Really here to help. Get a free copy of my book: www.commercialpropertyadvisors.com/book/ And here is a free video course: videocourse.commercialpropertyadvisors.com/p/commercial-real-estate-investing-for-beginners/
@bestofeverything955510 күн бұрын
This guy doesn’t know what he’s talking about
@CommercialPropertyAdvisors2 күн бұрын
Why do you say that?
@ghanna778710 күн бұрын
Commercial real estate us already in the tank and I see the media is indoctrinating that trump is to blame for its collapse.