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OFF SEASON ALMOST OVER AUG 13 VS LIONS
azjetfan Icon : (11 June 2015 - 07:37 PM) rumor has it he wanted a raise over his $5.5 million base this year
Jetsfan115 Icon : (11 June 2015 - 07:39 PM) 33 is young for a guard. he's got at least 3-4 more years in him
azjetfan Icon : (11 June 2015 - 07:40 PM) Mmmmm I disagree.
azjetfan Icon : (11 June 2015 - 07:40 PM) I would go 2 year deal.
azjetfan Icon : (11 June 2015 - 07:41 PM) Maybe longer if we could get out of it after 2
Jetsfan115 Icon : (12 June 2015 - 11:36 AM) backloaded 4 year deal ca cut after 2 years wit minimum cap hit
Jetsfan115 Icon : (12 June 2015 - 02:22 PM) Jets sign free agent OT Charlles Brown
azjetfan Icon : (14 June 2015 - 01:48 PM) We won't be able to backload it. He won't accept the offer. Keep in mind he requested he release because they couldn't come to an agreement on a raise.
azjetfan Icon : (14 June 2015 - 01:49 PM) He is probably looking for $7 million or more per year.
Jetsfan115 Icon : (15 June 2015 - 09:44 AM) he was only making 5.5 million this year. we can give him 10 mil signing bonus onf a 5 year deal and a low base salary (like 3 mil a year) it'll average out to 5 mil a year, but he'll get 13 million this year (more then double) and will cost 5 mil a year against the cap for the rest of the deal
2JBallar01 Icon : (15 June 2015 - 02:17 PM) Any news on Mathis at all? Haven't heard anything since his release.
2JBallar01 Icon : (15 June 2015 - 02:17 PM) Also, Sam Baker was cut today as well
santana Icon : (16 June 2015 - 04:52 PM) Titans releasing RB Shonn Greene
MikeGangGree... Icon : (16 June 2015 - 10:40 PM) TEH WARRIORS
santana Icon : (16 June 2015 - 11:08 PM) This trophy ceremony awkward as fuck I had to turn it off
Mr_Jet Icon : (17 June 2015 - 08:02 PM) It really was. It was more Doris Burke interviewing the Warriors than it was a trophy ceremony. Plus Adam Silver forgot to hand the Warriors owner the trophy after he was done talking to the crowd.
Mr_Jet Icon : (17 June 2015 - 08:03 PM) R.I.P. Stuart Scott
MikeGangGree... Icon : (17 June 2015 - 10:05 PM) FIRE SILVER
MikeGangGree... Icon : (17 June 2015 - 10:05 PM) FIRE BURKE
MikeGangGree... Icon : (19 June 2015 - 06:27 PM) THE A-ROD!!
santana Icon : (26 June 2015 - 12:19 PM) god damn week no activity in here
santana Icon : (26 June 2015 - 12:20 PM) might have to chop this table up into fire wood
santana Icon : (26 June 2015 - 12:26 PM) FIRE WOOD!
Mr_Jet Icon : (26 June 2015 - 05:54 PM) Kristaps Porzingis???
Mr_Jet Icon : (26 June 2015 - 05:55 PM) You'd think Isiah Thomas was still running the Knicks last night.
santana Icon : (27 June 2015 - 07:30 PM) Lol yeah no clue about those names
Jetsfan0099 Icon : (28 June 2015 - 10:10 AM) Is there any chance that Porzingis ends up being good?
Jetsfan0099 Icon : (28 June 2015 - 10:10 AM) I'm guessing he won't be the next Pau Gasol or Dirk Nowviski
Mr_Jet Icon : (28 June 2015 - 11:41 AM) You never know, he could be as good as Gasol brothers or Dirk. Honestly the Knicks picking at #4 did the same thing the 3 teams picking ahead of them did. Picked a 19 year who could go boom or bust.
Mr_Jet Icon : (28 June 2015 - 11:45 AM) Porzingis seems to have the "I'm going to prove them wrong" type of attitude needed to overcome people's doubts about him. Hopefully he'll have the work ethic that goes along with that attitude.
azjetfan Icon : (28 June 2015 - 10:17 PM) In other news I decided to shave the dome. Since the hair was falling out anyway I figured I would show it who's boss
santana Icon : (29 June 2015 - 01:11 PM) Deisel up shave the dome
Mr_Jet Icon : (29 June 2015 - 04:49 PM) Welcome home.
azjetfan Icon : (29 June 2015 - 08:59 PM) I feel fast.
azjetfan Icon : (01 July 2015 - 07:53 PM) Shot an 86 today. Personal best.
santana Icon : (01 July 2015 - 08:19 PM) well done
santana Icon : (01 July 2015 - 08:19 PM) im going to play friday
blk_orion Icon : (02 July 2015 - 08:57 AM) play what? golf?
Jetsfan0099 Icon : (02 July 2015 - 01:16 PM) Sheldon Richardson suspended 4 game for substance abuse.
Jetsfan0099 Icon : (02 July 2015 - 01:16 PM) f***
ganggreen2003 Icon : (02 July 2015 - 06:15 PM) DAMNIT TO f***ing HELL!!!!
azjetfan Icon : (02 July 2015 - 07:46 PM) Yup. Golf. I'm ready to take on Tiger. Mid season form. For what ever reason I am hitting the driver great. 280 and fairly controlled. I'm playing again Saturday.
santana Icon : (02 July 2015 - 07:55 PM) tiger shot a 66 today didnt he easy course though
santana Icon : (02 July 2015 - 07:55 PM) things were going too well for the jets this off season
MikeGangGree... Icon : (02 July 2015 - 10:33 PM) Well I guess Williams will be starting in opening day now
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Detroit Declares Bankruptcy

#21 User is offline   SecondHandJets Icon

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Posted 24 July 2013 - 09:51 PM

View Postazjetfan, on 24 July 2013 - 08:29 AM, said:

You may want to research how commercial loans work. They do not work like a traditional mortgage. Is this a single family home? How many apartments. If it is more than 4 it will not be a traditional mortgage. It will have to be a commercial loan (portfolio ) loan. These typically have a 3 or 5 year balloon where the rate will reset and you will need to reprove your credit worthiness . I still would tread with caution. They are not selling because there is no market and probably won't be ever again. What are your reserves for repairs and maintenance? The bank will require this.


It's a 14 unit (all 1BRs).

I'm aware that commercial is different, I'm not even sure if I can get a commercial loan on anything under 6 figures.
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#22 User is offline   azjetfan Icon

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Posted 25 July 2013 - 01:19 PM

View PostSecondHandJets, on 24 July 2013 - 09:51 PM, said:

It's a 14 unit (all 1BRs).

I'm aware that commercial is different, I'm not even sure if I can get a commercial loan on anything under 6 figures.


An SBA loan is your only real option. You cannot do a salable loan, FHA loan or anytype of government loan that I know of using property of more than 4 units. Even when it is 4 or less you have to live in them and still credit and DTI qualify. Still a poor investment in my opinion.
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