Gabe Einhorn
@gabeeinhorn
Just underwrote a $13.2M mixed-use acquisition in Charlotte, NC. 18K SF of retail + 44 apartments. Retail was 50% vacant. Apartments were stable but under market. Sponsor wanted to minimize equity in, lease up, and refi in 12–18 months. Here’s how we structured the debt: Option 1: 75–80% LTC → Higher rate, tighter covenants Option 2: 70–75% LTC → Mid-rate, faster draw, flexible terms Option 3: 60–65% LTC → Fixed rate, lowest cost, full recourse Each structure fits a different strategy. This one’s still in play, but the sponsor now has a real game plan. Hit me up to talk more about real estate!
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VA BUDS 🔵
@allinadazewook
What do you think is the best type of investment property for an average person with one mortgage? Another house to rent out? Townhouse rental? Condo near the beach (airbnb) ? Something else?
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Gabe Einhorn
@gabeeinhorn
Depends if you want to manage something or not. If you want to invest passively, there are tons of funds and syndications. If you don’t mind managing something yourself, I would recommend buying something that you are familiar with and understand how to operate.
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