6 Ways to Raise Down Payment Money for Commercial Real Estate
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- čas přidán 14. 07. 2024
- www.commercialpropertyadvisor... Discover 6 ways that you can raise the down payment money for your next commercial real estate deal.
0:00 Overview
1:28 Capital From Private Investors.
8:22 Creative Financing
12:42 Self-Directed IRAs
15:59 Crowdfunding
19:27 Peer-to-Peer Lending
23:03 Commercial Wholesaling
24:46 Personal Experience - Peter shares his first experience raising money to purchase a commercial property.
Get step by step help with raising down payment money by applying to our Protege Program: www.commercialpropertyadvisors.com/protege-program
Thank you, Peter! I have learned so much from your channel and boy have I passed up many opportunities. You're mentoring has given me flashbacks of examples which I have experienced but not approached because of my lack of lending knowledge. You are an excellent Teacher and I appreciate your time, energy and educational savy. You make it all so easy to absorb!
Your videos are by far the most helpful of all the videos out there. You are an excellent teacher. Thank you so much for helping us all out.
Agree 100 percent.
You're doing all the heavy lifting for me by teaching so easily the nuts and bolts of this. Thank you
I want to thank you for making this channel. I had a conversation with a real estate agent today. The agent was questioning me as a means to put me to the test. With the knowledge you impart I was able to pass that test and begin to establish a relationship.
Fantastic!
What sorts of questions did they ask ?
Why did anyone thumbs down this video? Must be upset this great info is being given out on youtube. Great Video Peter!
Hi Peter,
This is great!
Time after time I go back to your videos and refresh my memory and apply the information in real life!
Thank you for all your hard work,
Your videos have been fantastic and I'm loving your content!!! Thank you.
This is EXACTLY what I needed tonight, thank you so much Peter.
you're the best. 1 video a day!!
Great teacher. Thank you Peter, I look forward to purchasing your books, study and get started.
Thank You! I have learned a great deal from your teachings. Thorough explanations broken down in the simplest form. New subscriber.
Thank you for this channel.
The information it's real life scenarios and on the money.
Thorough wonderful lesson thank you Peter
Extremely informative thanks for sharing
Thanks for sharing your content on multiple ways to raise private money.
Exactly what I'm going through at the moment: awesome deal, no capital. Thanks a lot for providing help!
Good content as usual, Peter. Looking forward to your Syndication video.
Fantastic videos, great information. Really appreciate💯🔥🙏
Thank you so much for your insite...
Great info. Thanks!
WHEN THE TIME IS JUST RIGHT
Great content....
Hi Peter, I was in the middle of a study when you came up on my tablet, I want to continue listening to you but I have a midday meeting I'm preparing for please excuse me, hope I'll be able to find you when I return. Thanks for your swift response also I was enthused. Looking forward to be back soon
perfect
Peter Harris = The 🐐
I really like how organized the presentations are and easy to follow. I have been kicking around the idea of buying part ownership in a building and building out executive suites to lease out individually in my portion of the building. I would love a video or direction on this if you have one. Great stuff thank you!
Love it
I think a master lease would be a great strategy for you.
Great information as always. Thank you!
Plus since the investor put up the entire down payment even by taking 25 percent of the profit 18 months later your COC return was infinity while the investors COC return was 'only' 100 percent. Good deal.
Great stuff! Interested in learning more about syndications and learning how to find deals.
Has to be licensed by SEC
How has this been around all this time and I'm just finding you?
Thank you, Mr. Harris.
I only wish to wholesale commercial buildings, is there a video?
Hello. Where's the link to the syndication video?
Hey, Thank you for all the great content and insight! it has been extremely helpful as i look for deals and draft a business plan to share with potential investors. My question is this, when you collect your asset management fee, does it go directly to you or do you recommend having an LLC set up for tax purposes? thanks in advanced!
Set up a legal entity; ask an attorney and a qualified CPA which legal entity that should be for your particular situation.
good stuff
🎉🎉🎉🎉🎉🎉🎉🎉😊😊😊😊😊😊😊❤❤❤❤🎉🎉🎉🎉🎉
Hi Peter, is opening a business line of credit on a newly made LLC a good option too?
I'm new to all this, and I enjoyed the videos I've watched so far. One question, do I need a real estate license or any type of license or certification to structure deals or contracts. I don't have much saved up and need to raise capital. I have no experience but, I am eager to learn and invest on my first commercial property. I will be buying your book! Thanks for all the valuable information!
No, you do not need a real estate license to be a commercial real estate investor
Leo Mann
You're going to need "skin in the game", i.e. money.
Nobody is just going to work with you/finance you without you sharing the risk. Even if you present all the numbers, show up with a suit on and show complete competence; money is the bottom line. I advise you get your license and you can not only invest but sell commercial real estate or residential real estate, and then invest your earnings back into the game. You'll develop more skills and also increase your knowledge and credibility. Good luck!!
I just need you to be my mentor and walk me through this process literally. Is there any way we could have a conference call to pinpoint where I currently and if I am ready to start. Thank you for sharing.
What if you own a company that you hire to do the remodeling of the property you buy with the money you get from the IRA?
This is very instructive. I truly appreciate that you are sharing this. l do have a question. Will the bank still finance the loan if you use p2p lending for down payment?
Most likely No, since you borrowed it, but you certainly can ask.
@@CommercialPropertyAdvisors thank you so much. Your book " commercial real estate for beginners " cannot be found anywhere
@@fghhgfswetyh Go here: www.commercialpropertyadvisors.com/book
Petter, In my case I"m an Owner of Construction Company (General Construction and Framing Specialist Contractor in California) and I decide to dedicate 100% to go with Commercial Real Estate Apartments thanks to you, Kiyosaky, Fast Line, Donald Trump, Economy Books,Warren Buffet, Ray Kroc and others mentors I Follow and his books , and my question is,
Do you think I Build my Own apartments complexes is an option too or definitely I just keep going with all the knowledge you just teach to me in all your videos and books?
You are a Great Person and Mentor and I really appreciate that and I will be more than happy if you can answer my question in any form, THANKS Petter!
New construction has plenty of headwinds that slow down the projects by as much as a year or more; buying existing and renovating is MUCH MORE efficient.
@@CommercialPropertyAdvisors
Thank you very much, I appreciate your time and this channel a lot
Can you please put your website in the comments,
I tried 15 hard money lenders they will not let the seller carry back 30% in my case they want to see me come up with 20%... Where do you find these lenders?
When you say "put the property under contract" what do you mean? I would appreciate you going more deeper into this?
Get a purchase contract in place with the seller
🚀🚀🎯
So if we take all these loans out, do we get money monthly for ourself
THESE STUFF ARE SO MUCH EASIER SAID THAN DONE WHEN ITS REAL AND NOT JUST MERE THEORY.
Do tell where is he wrong at?
@@jermon983 getting the people to invest is not easy
@@msdjones30 well when you have a sweet deal the money isn't the problem
FOR BEGINNERS SOUNDS SO MUCH BETTER THAN DUMMIES.
60/40
do you charge as a percentage or a set price for wholesaling? I do have access to deals and interested investors but I don’t what is a fair charge so I can make it worth my while. Thanks
It's neither. The amount earned from a wholesale is the difference between what I have it under contract for and what I sell it for.
@@CommercialPropertyAdvisors how can a hungry newbie find a great commercial deal to wholesale to other investors? thanks for your assistance
Sounds like this video isn't completely for beginners because crowdfunding is mentioned, which isn't an "entry-level" method of buying commercial.
I like your videos do but please use a microphone in the picture thanks
How do I get in contact with you Peter ?
Peter one question, I was wondering if you coach !
Absolutely! Apply to my Protege Program here: www.commercialpropertyadvisors.com/protege-program
No link appeared for the real estate syndication video.
Thanks... Great Presentation. Respectfully, 17Nov18Clg
How do I get property contracted to wholesale
And where do i go to flip or sell property
How long the contract good and can it be cancelled if property do not sell out
A video will be posted next week on commercial wholesaling
@@RawRx4U if you put in a condition in the contract to that effect, you can do so.
I need someone to help me get into a better commercial property for my home and business and I have a good offer for someone. When I google commercial property crowdfunding I get sites that are for investors wanting to invest in real estate; not someone looking for funding!
I think I just need to live in a box and save my money for a down payment.
😂😂😂 me too. It’s so hard, but if we stay the course we will get there!
Confused here. Why wouldn't the seller do $300,000? Only $250,000....
Edward Jones yes good question 🤔
But the question is why are u sharing these secrets won't it affect you
I'm in need of a serious realestate partner I have been favoured by God through this new dispensation huge projects awaits execution
Finding a private investor wont work because they won't go 100%. They want you with some money too
Some commercial Banks will lend a bridging of 100% and remortgage after 3 years.