Comments on: Anatomy of a Commercial RE Investment – Part 2 http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/ How to make 7 million in 7 years ... Sat, 11 Feb 2012 22:32:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: So, you want to invest in commercial real-estate …- 7million7years http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-4479 So, you want to invest in commercial real-estate …- 7million7years Wed, 27 Jan 2010 09:40:23 +0000 http://7million7years.wordpress.com/?p=1329#comment-4479 [...] (offices):   http://7million7years.com/2008/12/22/anatomy-of-a-commercial-re-investment-part-1/   http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/   http://7million7years.com/2009/01/05/anatomy-of-a-commercial-re-investment-part-3/   And, [...] [...] (offices):   http://7million7years.com/2008/12/22/anatomy-of-a-commercial-re-investment-part-1/   http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/   http://7million7years.com/2009/01/05/anatomy-of-a-commercial-re-investment-part-3/   And, [...]

]]> By: Anatomy of a Commercial RE Investment - Part 3 « How to Make 7 Million in 7 Years™ http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-2125 Anatomy of a Commercial RE Investment - Part 3 « How to Make 7 Million in 7 Years™ Mon, 05 Jan 2009 08:49:57 +0000 http://7million7years.wordpress.com/?p=1329#comment-2125 [...] Tags: 7million7years, Investing, millionaire, money, real estate, Rich, wealth Hopefully, Tuesday’s post gave you the numbers, and today’s will explain the [...] [...] Tags: 7million7years, Investing, millionaire, money, real estate, Rich, wealth Hopefully, Tuesday’s post gave you the numbers, and today’s will explain the [...]

]]> By: steve http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-2124 steve Mon, 29 Dec 2008 03:26:50 +0000 http://7million7years.wordpress.com/?p=1329#comment-2124 Great, can't wait to see ho wall this plays out. Great, can’t wait to see ho wall this plays out.

]]> By: Adrian http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-2123 Adrian Wed, 24 Dec 2008 14:13:18 +0000 http://7million7years.wordpress.com/?p=1329#comment-2123 @ Diane - proforma = financial statements for the property in question; the reason why they are often called 'proformas' is because sellers often quote estimated rents and costs rather than actuals (obviously, they inflate the former and under-estimate the latter to encourage the sale) .... always produce your own figures and check all receipts etc. during 'due diligence'. @ Scott - I won't know what to expect in the USA until my offer is accepted and actually go for financing, but the range can be abywhere from 20% to 40% depending upon the type of property, the borrower, and the lender's practices ... so, it usually pays to shop around. The length of the loan matters less to me than how long I can fix (or balloon) the rate. @ Diane – proforma = financial statements for the property in question; the reason why they are often called ‘proformas’ is because sellers often quote estimated rents and costs rather than actuals (obviously, they inflate the former and under-estimate the latter to encourage the sale) …. always produce your own figures and check all receipts etc. during ‘due diligence’.

@ Scott – I won’t know what to expect in the USA until my offer is accepted and actually go for financing, but the range can be abywhere from 20% to 40% depending upon the type of property, the borrower, and the lender’s practices … so, it usually pays to shop around. The length of the loan matters less to me than how long I can fix (or balloon) the rate.

]]> By: Scott http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-2122 Scott Wed, 24 Dec 2008 02:07:44 +0000 http://7million7years.wordpress.com/?p=1329#comment-2122 Man, that's a big down payment and a short mortgage term. I've being doing some research here trying to figure out what percentage of down payment i'll need to save up to make my first commercial RE purchase and the length of term, etc.. and the word around seems to be 20% down and a 10 year term. I wonder if it varies with the price range or location? Man, that’s a big down payment and a short mortgage term. I’ve being doing some research here trying to figure out what percentage of down payment i’ll need to save up to make my first commercial RE purchase and the length of term, etc.. and the word around seems to be 20% down and a 10 year term.

I wonder if it varies with the price range or location?

]]> By: Diane http://7million7years.com/2008/12/23/anatomy-of-a-commercial-re-investment-part-2/comment-page-1/#comment-2121 Diane Tue, 23 Dec 2008 18:45:55 +0000 http://7million7years.wordpress.com/?p=1329#comment-2121 So, what are the proformas? So, what are the proformas?

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