All Forum Posts by: Dave Halevi

Not sure I fully understand your answer.

what other info do you need there?

ty 

 I have all the numbers on the attached table.
according to the equation, the sale price is the NOI / Cap rate, which doesn't make much sense bc it's lower than the purchase price.
So, I'm not sure what I do wrong here 

Hi all.
I'm putting all the numbers for that deal on the chart, and I have a few question.

That's a full rehab property.
1. Is there any rule of thumb that I can use when estimating the expenses of this kind of renovation?

2. Does the added table make sense to you?

3. After putting

all the info here, how do I calculate the selling price (for a full occupied, steady building)

Thank you guys. I appreciate your support!

 Currently we have a bank account, and credit score of 765. 

I also have 120k cash, and an LLC company. What is the recommended path at that point, regarding MF?

Thanks guys.

is there any method, or a preferred path to do that? Where can I read more about it.

Also, what's the best calculator to use when analyzing a deal

I know that above 5 apt considered as commercial, and the banks are more willing to give loans.

Hello everyone.

My name is Dave, I'm a foreign Investor.

I have some milage in real estate (for two years+). I bought and sold two houses, and I'm helping investors from overseas to find deals. Also, I have a contractor that I'm  working closely with, and we're currently renovating a 14 units building for a client.

I want to dive into multi family myself, and looking for deals all over (I'm in Michigan) but I would like to skip the phase where I buy a duplex and refinance it etc.. I'd like to go right away to something above 6 apts.

What is, in your opinion, the best way to get funds for these properties, and what's the right path to walk in, in matter of growth.

Thank you very much! Glad to be here.

Dave